Wednesday, August 6, 2014

IRS Abolishes Mandatory Expiration Dates For Illegal Immigrants’ Taxpayer Status

Via avordvet

 
 Texas Rep. Sam Johnson

“On the screen, I’ve got figure 6 from the 2012 IG report showing most frequently used addresses for ITIN tax refunds. As you can see, nearly 24,000 tax refunds totaling $46.4 million were issued to the same address in Atlanta,” Johnson said. “Bottom-line these ITINs are costing taxpayers dearly because they can be used to fraudulently get tax refunds…Look at figure 3 on the screen. Over 1,000 ITINs were assigned to individuals using the same address in Atlanta. You agree that there’s still a problem?”

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The Internal Revenue Service (IRS) quietly changed regulations to allow more undocumented immigrants to keep their taxpayer status through a program that is rife with fraud and abuse, and to delay deactivation of immigrant taxpayer status until 2016.

The IRS now prevents peoples’ Individual Taxpayer Identification Number (ITIN) from automatically expiring after five years as previously mandated. Now immigrants can keep their ITIN so long as they pay taxes at least once in a five-year period. (RELATED: IRS Loophole For Illegals’ Children Costs Taxpayers Billions  

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