free hit counter

IRS Seizing Tax Refunds of Children, Grandchildren Over Parents' Decades-Old Debts

IRS Seizing Tax Refunds of Children, Grandchildren Over Parents' Decades-Old De

Congress quietly lifted the 10-year statute of limitations in 2011 on money owed to Uncle Sam.

by Fox News Insider // Apr 11 2014 // 9:47pm
As seen on The Kelly File
 

Some 400,000 Americans may see their tax refund checks grabbed by the government after Congress quietly lifted the 10-year statute of limitations in 2011 on money owed to Uncle Sam.

Now, debts going back decades are considered fair game for the IRS, and the government is coming after the children and grandchildren of the original debtors for the repayment. 

In some cases, debts of parents from the early 1960s and 70s are being collected from children. 

In many cases, the IRS doesn't even possess the original records of the debts. 

bts

http://foxnewsinsider.com/2014/04/11/irs-seizing-tax-refunds-childr...

www.foxnewsinsider.com


Load Previous Replies
  • up

    5WarVeteran

    There is a cure for this and that is of course getting rid of all of them.

    8
  • up

    Less Prone

    In debt slavery system the debt is passed from generation to generation.

    • up

      5WarVeteran

      Troll (Internet)

      In Internet slang, a troll (/ˈtrl/, /ˈtrɒl/) is a person who sows discord on the Internet by starting arguments or upsetting people,[1] by posting inflammatory,[2] extraneous, or off-topic messages in an online community (such as a forum, chat room, or blog), either accidentally[3][4] or with the deliberate intent of provoking readers into an emotional response[5] or of otherwise disrupting normal on-topic discussion.[6]

      This sense of the word troll and its associated verb trolling are associated with Internet discourse, but have been used more widely. Media attention in recent years has equated trolling with online harassment. For example, mass media has used troll to describe "a person who defaces Internet tribute sites with the aim of causing grief.