Hundreds of prison inmates have found new careers behind bars — by registering with the IRS as income tax preparers.Are you ready for ObamaCare?
A total of 331 inmates were serving prison terms when they got active or provisional tax preparer tax identification numbers from the IRS, according to an audit issued Thursday by the Treasury Inspector General for Tax Administration.
Forty-three of those applicants were serving life sentences at the time. Yet none of the lifers disclosed their felony convictions on the IRS application, the audit found.
In all, 962 applicants who had an incarceration date within the last 10 years got active or provisional tax preparer identification numbers. More than three in four didn't disclose their convictions.
Tuesday, January 03, 2012
Prison Inmates Register With the IRS as Tax Preparers
ABC News reports: