IRS Crackdown Cuts Down Identity Theft

IRS Crackdown Cuts Down Identity Theft

An unprecedented public-private crackdown has helped cut taxpayer identity theft reports in half and prevented millions of dollars in fraudulent refunds, the IRS and tax industry officials said Thursday.

The number of people who filed IRS affidavits stating they had been victimized by identity theft dropped 50% during the first nine months of the year compared with 2015, from 512,278 to 237,750, the federal tax agency said. […Read More]

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