Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

IRS Has No Strategy for Fraudulent Obamacare Tax Credits
Free Beacon ^ | 12/04/13

Posted on 12/25/2013 9:46:37 AM PST by Libloather

The Internal Revenue Service (IRS) has no system in place to prevent fraud when individuals apply for tax credits under Obamacare, according to the Treasury Inspector General for Tax Administration (TIGTA).

The IG said in an audit released Tuesday that the IRS has no plan to manage, monitor, or mitigate fraud risk when processing premium tax credits available under the Affordable Care Act (ACA).

“The ACA Program has not yet completed a fraud mitigation strategy,” the audit found. “It is important for the IRS to thoroughly consider fraud threats and risks that could impact new ACA systems.”

(Excerpt) Read more at freebeacon.com ...


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: 0careoutofcontrol; abolishobamacare; credits; irs; irsobamacare; obamacare; obamacarefraud; obamacaresubsidies; repealobamacare; taxes
Navigation: use the links below to view more comments.
first previous 1-2021-24 last
To: Libloather

The IRS already has no strategy for the gargantuan fraud in the Earned Income Tax Credits, so we should expect something different regarding Obamacare Tax Credits?


21 posted on 12/25/2013 2:21:25 PM PST by clashfan (Life is short. Make it as sweet or as sour as you want it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

They will just get the overpayments back from the insurance companies.


22 posted on 12/25/2013 2:56:11 PM PST by Mike Darancette (Do The Math)
[ Post Reply | Private Reply | To 1 | View Replies]

To: FlingWingFlyer

What??? Didn’t Obama cover this topic in one of those meetings that he had with the head of the IRS in the Oval Office?

Being the smartest Muslim(Socialist/Communist, I am conflicted on this...) selfie-taking American/Kenyan that has ever lived, I am sure that this was a subject that Odumbo touched on...


23 posted on 12/25/2013 3:41:36 PM PST by Delta Dawn (Fluent in two languages: English and cursive.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: VerySadAmerican

The insurance companies are being required to guess.


24 posted on 12/25/2013 5:34:51 PM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
[ Post Reply | Private Reply | To 13 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-24 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson