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Feds demand payment from thousands of Americans

  • The Treasury Department has begun to seize tax refunds and asking thousands of Americans for payment on old debts. Some of these debts aren't even theirs in the first place and many payers are being forced to pay up on behalf of their parents. 

    Reports suggest that social security has been aggressive in targeting 400k taxpayers and mentioned that the payers owe a total of $714M.

    Some cases are dealing with the deaths of the original money receivers and the agency is going after their children who could have benefited from the debt. They start with the eldest child until the money is paid. 

    http://www.washingtonpost.com/politics/social-security-treasury-target-hundreds-of-thousands-of-taxpayers-for-parents-old-debts/2014/04/10/74ac8eae-bf4d-11e3-bcec-b71ee10e9bc3_story.html

    Tagged as: social security, american debt, taxpayers america, money news, business news