Fraudsters steal up to $300 billion from IRS each year
The IRS is a prime target for fraudsters, who bilk the tax agency out of as much as $300 billion a year in refunds or underpayments on taxes owed, according to a new analysis by Congress's top watchdog.
TL;DR
- The IRS is a prime target for fraudsters.
- Fraudsters bilk the tax agency out of as much as $300 billion annually.
- Losses occur through fraudulent refunds or underpayments on taxes owed.
- This information is based on a new analysis by Congress's top watchdog.