Law enforcement made some progress this week against the huge telephone tax scam. 5 people were arrested for allegedly being part of the largest tax scam ever.
Despite assurances that the IRS will send taxpayers letters before calling them, some auditors have been calling individuals unannounced. That’s changing.
Payroll outsourcing giant ADP is the latest company to fall prey to identity theft hackers. This time the crooks got their hands on workers’ W-2 forms with all its vital tax-filing data.
Group tied to credit card thefts allegedly spent $258,000 at Barneys, then rapped about it.
The latest telephone tax scam wants targeted victims to send the calling crooks iTunes gift cards. The IRS might like music, but it wants money.
Another member of the House Ways and Means Committee is a tax identity theft victim. Rep. Jim Renacci shared his story with his colleagues and introduced a bill to fight the crime.
Some federal tax refunds might be a bit slower in arriving, but one security company exec says that’s good. It means the IRS is implementing more security features.
Tax identity theft and refund fraud are rampant at the state level, too. Efforts to fight it, however, are slowing down refund issuance and angering taxpayers.
Several IRS online options have been targeted by identity thieves. To slow such attacks, the agency has suspended a special tax ID number online retrieval tool.
A new investigation finds even more taxpayer accounts were accessed through the IRS Get Transcript hack. That brings to 724,000 the number of at-risk accounts.