IRS bilked for billions in bogus refunds: audit  

purchase arial, sans-serif;”> Internal Revenue Service (IRS)  Commissioner John Koskinen testifies on Capitol Hill in Washington, Wednesday, April 15, 2015, before the Senate Homeland Security and Governmental Affairs Committee hearing to examine IRS challenges in implementing the Affordable Care Act. (AP Photo/Andrew Harnik)

The IRS has gotten better at detecting fraud but still paid out $2.1 billion in potentially bogus refunds in 2012, according to a new audit Thursday that found the agency paid refunds on nearly 600 tax returns filed to the same address in Kilkenny, Ireland. In another instance the IRS paid refunds on 133 returns all…

 

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