TAX BLOG

All tax news provided by Internet except for our own success stories.
FREE TAX CONSULTATION 888.959.7837 CLIENT SERVICES 866.901.9987
  • Home
  • Tax Relief
  • Client Portal
  • About Us
  • Contact
  • Blog

July 26th, 2017

7/26/2017

0 Comments

 
By David Sherfinski, The Washington Times
The IRS doled out more than $24 billion in potentially bogus refunds claimed under several controversial tax credits in 2016, according to a new audit that said $118 million was even paid to people who weren’t authorized to work in the U.S. in the first place.
Some $16.8 billion in payments were made on improper claims under the Earned Income Tax Credit, signifying a 24 percent error rate. Investigators also estimated $7.2 billion in improper payments for the Additional Child Tax Credit, representing 25 percent of the total, and $1.1 billion in improper payments, or 24 percent, for a higher education tax credit.  read more...
0 Comments



Leave a Reply.

    All tax news provided by "Google" or "Bing" search engines. TLOA takes no responsibility or shares the opinion by the giving source.

    RSS Feed

We Would Love to Have You Visit Soon!

Picture
5525 Oakdale Ave Suite 130
Woodland Hills, Ca 91364
Picture
FREE TAX ANALYSIS: (888)959-7837 24 hrs A Day 7 Days A Week!
Picture
Client Customer Service  
(866)901-9987 (M-F) 8am - 6pm PST
1(818)658-1747 Fax 24 hrs
Picture
[email protected]

Picture
Picture
Picture
Picture
Picture
Picture
Picture
2024 TAX LEADERS OF AMERICA, LLC All Rights Reserved
Privacy Policy & Legal Disclaimer
  • Home
  • Tax Relief
  • Client Portal
  • About Us
  • Contact
  • Blog