How Can Dead People Get Tax Refunds?

Muhammad Talal News, Tax 338 Comments

This post comes from Janet Novack courtesy of Forbes.com. Over the course of a year, the Internal Revenue Service processed and paid out $12.1 million in fraudulent tax refund claims submitted using the stolen names and Social Security numbers of 5,108 dead people. Incredibly, the claims were all processed under the “Electronic Filing Identification Number” [...]

30 College Presidents Receive $1 Million

Tim News, Non Profit 11 Comments

A new survey from the Chronicle of Higher Education states that 30 private college presidents received well over $1 million in total compensation in the year 2008, as compared to 23 in 2007. The annual survey, which analyzed the compensation of almost 450 college presidents, found that, same as in previous years, the top earning [...]