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George and an Internal Revenue Service official testifying before a House Ways and Means Committee subcommittee stressed that many of the questioned claims may eventually be found to be legitimate after further examination. Full Article at Kentucky.com
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WASHINGTON -- Tens of thousands of people may have taken advantage of the first-time home buyer tax credit to defraud the government, an IRS watchdog office said Thursday, in testimony that could jeopardize efforts to extend the popular program. Full Article at The Washington Post
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WASHINGTON (Reuters) Thousands of individuals claiming the first-time homebuyer's $8,000 tax credit may have been trying to scam the system, including purported 4-year-olds and illegal immigrants, according to a watchdog report released... Full Article at USA Today
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WASHINGTON Just as Congressional leaders are calling to extend a popular tax credit for first-time homebuyers, government investigators are reporting new findings pointing to widespread fraud in the program. Full Article at The New York Times
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Some of these suspicious claims come from people who are writing off interest payments on another house. That's a pretty strong sign they already own a home. Full Article at NPR
