#1 ·
Tax refund season is officially here, which means I’m once again hearing about yet another creative way people are bleeding the budget dry—all while I'm sitting here watching 38% of my monthly paycheck vanish into thin air.
Here's the deal: you have people living and working right here in the States, but because their parents are still registered at an address in Mexico, Canada, or somewhere else across the border for health insurance purposes (which is just another massive expense, by the way), they claim those same parents as tax dependents. They conveniently "forget" to mention that their parents are already drawing social security or pensions from overseas. 🙂
Seriously, when is the IRS actually going to start doing its job and crack down on this?
Here's the deal: you have people living and working right here in the States, but because their parents are still registered at an address in Mexico, Canada, or somewhere else across the border for health insurance purposes (which is just another massive expense, by the way), they claim those same parents as tax dependents. They conveniently "forget" to mention that their parents are already drawing social security or pensions from overseas. 🙂
Seriously, when is the IRS actually going to start doing its job and crack down on this?