Tag Archive: Tax refund


IRS SENT $46 MILLION IN TAX REFUNDS TO 23,994 ‘UNAUTHORIZED’ ALIENS — ALL AT THE SAME ADDRESS IN ATLANTA

 

 

” The IRS sent more than $46 million in tax refunds to 23,994 “unauthorized” alien workers who all listed the same address in Atlanta, Ga., in 2011, according to an audit report by the Treasury Inspector General for Tax Administration (TIGTA).

However, the Atlanta address that received millions of dollars in refunds was not the only address apparently housing thousands of “unauthorized” aliens. In fact, it wasn’t even the only address in Atlanta that was claiming such a situation.

The TIGTA audit report, published last year at the request of members of Congress, revealed 10 addresses in the U.S. that were issued anywhere from 1,846 to 23,994 tax refunds each. Four of those 10 addresses were located in Atlanta.”

 

 

 

 

 

IRS Grabs Man’s Tax Refund to Recoup Social Security’s Alleged $895 Overpayment to Mother 42 Years Ago

 

 

 

” Imagine if your parent received an over-payment from the government but decades later, the government took the money out of your tax return. 

Gilbert Stokes, 60, of Jacksonville, said it happened to him.

“I’m angry,” Stokes said Wednesday morning.

Stokes felt the same way when he received a letter from the Social Security Administration in January.

“[The letter] said [SSA] was going to withhold my taxes unless I contacted about this social security over-payment,” Stokes explained.

Forty-two years ago in 1971, Stokes’ mother Ruby Lee received an over-payment of $895 while he was in the Navy.”

 

 

 

 

 

Startling Stats About Taxes Found In IRS Data

 

 

” How much is the average tax refund? How does your own gross adjusted income compare to that of other tax payers? WSJ’s Jason Bellini mined IRS data for intriguing facts about U.S. taxes.”

Facebook to Pay Zero Taxes, Will Receive $429 Million Tax Refund

 

 

” While Obama spends a lot of time talking about how the “rich” should pay their fair share, expect Obama to mention this minor incident… never. Fair share paying doesn’t apply to Obama supporters, whether in his cabinet or outside it. It never did.

It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deduction for the cost of executive stock options and share awards.

Even though Facebook (FB) reported $1.1 billion in pre-tax profits from U.S. operations in 2012, it will probably pay zero federal and state taxes—and even receive a federal tax refund of about $429 million.”