[Praxeologue]

The composition of the 100,000 who (probably) scammed $8,000 each: ... any guesses? It looks like a reward programm for Obama supporters. Is the IRS actually going to determine if anyone ever bought a house, much less lived in it for three years?

[Attention Surplus Disorder]

And a person could show income qualifying for a home loan...without paying taxes...how?

[hinckley buzzard]

I have often strayed from the ways of the Lord during my sinful life, but one thing I have never tried to do is defraud the IRS. They have a much bigger team than I do.

[dawn53]

I ran into a forum the other day and it seemed like the posts were from legitimate buyers (who did indeed qualify for the credit) but were frustrated that they had waited (some of them up to 25 weeks) a long time and still no rebate check, just excuses from the IRS.

Sort of reminded me of the auto dealers who are probably still waiting to see their money from cash for clunkers program.

[mo]

They.Haven’t.Got.The.Cash.

Why do you think Cash for Clunkers was trashed within weeks of passage? they realized they could’nt pay.

[dawn53]

Seems to me the buying bit would be easy to check...you can go to almost any property appraiser’s database and search for the owner of a property. So if the IRS went to the county site, plugged in the address of the purchased property, it’d be pretty easy to check if the person buying the home was indeed on the title.

The way I understand it, you could have joint owners with right of survivorship who were unmarried, and if one of them was a first time buyer, they could claim the credit, or more than one was first time buyer, they could split the credit. But the weird part to me, is if you have joint owners (who are married) and one of them has owned a home in the past, then they didn’t qualify. I reread the rules a couple times, and it seemed like it was prejudiced against married couples...JMO.

[relictele]

Remember kids - abandon private property altogether and rely on Uncle Sam! That way the mail you get from the government will be the ‘good’ kind and you’ll never hear from the IRS since you earn nothing!

[Lokibob]

What are the odds that ACORN is involved? I’m guessing even money, perhaps 70/30. They probably did the counseling of the perps.

.....Bob

[Cicero]

I’m willing to bet that ACORN is involved. In fact, the IRS was using ACORN as an adviser that they recommended to people, until the recent embarrassment.

This whole idea is stupid, stupid, stupid. Special credits for special people at a special time. Tax laws should be long term.

And how much is it going to cost for the IRS to investigate all these claims? It’s just asking for trouble. It’s effectively inviting people to make fraudulent claims.

[GeronL]

Let me guess, they are not scrutinizing those ez FHA loans that are going to just about anyone who wants one who might never pay it back?

[Minn]

Who would have ever thought that the government handing out buckets of borrowed money would encourage fraud?

[stylin19a]

um..all return addresses are from Detroit ?

[Secret Agent Man]

Obama Administration screws the people after encouraging them to take the handout

[WOBBLY BOB]

Tying it Together: Massive, Pernicious Fraud

The entire finance and real-estate “industry” is filled with massive, pernicious fraud, and we now have only one question remaining - will The Government do its lawful and mandated job, that of prosecuting the bad actors, or has it joined with the fraudsters, become one with them, and thus, declare itself as a gang of mobsters rather than a legitimate government? The latter, of course will beg only the question of what should be an ordinary American’s response.

http://market-ticker.org/archives/1514-Tying-It-Together-Massive,-Pernicious-Fraud.html

Four-Year Old Buys House With Federal Money

http://www.businessinsider.com/four-year-old-buys-a-house-with-stimulus-money-2009-10

$35 Billion Slated for Local Housing

http://online.wsj.com/article/SB125409967771945213.html?mod=rss_whats_news_us

Well-Heeled Abuse Shelter Implicated in NYC Housing Scam

http://www.renewamerica.com/columns/roberts/091022

[IbJensen]

Stiff, a 25-year veteran of the IRS, will help oversee SB/SE, one of four operating divisions within the IRS. The division employs almost 44,000 workers and oversees a variety of compliance programs for individuals and small businesses. It serves 45 million taxpayers.

“Linda brings with her an extensive background in tax administration that will serve her well in this key position,” Everson said. “As the IRS enhances its enforcement efforts, Linda’s strong background in compliance will be a real asset.”

Prior to her appointment, Stiff served as the Director, Compliance in the IRS Wage and Investment (W&I) Division, where she focused on taxpayer groups that demonstrated a high risk of non-payment and returns that posed a high risk of non-compliance.

“Linda’s insight and expertise will help SB/SE move forward on a variety of important areas,” SB/SE Commissioner Kevin Brown said. “She’s a valuable addition to the SB/SE team, and we look forward to working with her.”

Stiff began her IRS career in 1979 as a revenue agent in Jacksonville, Fla., and subsequently advanced into a number of management positions. She has served as the Business Review Executive for the Chief Operations Officer, the National Director of Governmental Liaison and Disclosure, the Chief of Staff to the IRS Commissioner, the Senior Advisor to the Chief Operations Officer and Senior Advisor to the Commissioner of W&I. Stiff also played an important role in the recent IRS reorganization.

She is a graduate of Rollins College in Winter Park, Fla., and holds a Bachelor of Science Degree in Accounting.