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 doesnt even possess the original records of the debts. foxnewsinsider/2014/04/11/irs-seizing-tax-refunds-children-grandchildren-over-parents-decades-old-de
Posted on: Sat, 12 Apr 2014 18:13:35 +0000
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