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Financial Planning / Tax Strategies


Subject:  Re: Tax story of the day Date:  6/9/2012  6:14 PM
Author:  Jeanwa Number:  116243 of 127549

IMNSHO, the IRS' audit selection should be HIGHLY focused on the debit card refunds. Now, the reason they offer that option is to accomodate lower-income people who don't have bank accounts. But that's the same set of taxpayers who work with (or in collusion with) seasonal storefront preparers (with or without a national franchise name)who submit a lot of shady returns with a big Earned Income Credit refund.

And I, too, would love to see what that return looked like.


The return was her Oregon return. I'm guessing the IRS didn't let go of the refund so easily.
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