Tag: Taxpayer information
Preventing Identity Theft: A Challenge for the IRS
The Internal Revenue Service (IRS) is facing a significant challenge with identity theft cases, causing a backlog of 500,000 unresolved fraud cases. Taxpayers are left waiting for refunds and credits that they are rightfully...
IRS Extends Pandemic Tax Credit Freeze to Combat Fraud
The Internal Revenue Service (IRS) is taking strict measures to combat fraud in a pandemic-related tax credit program after an internal analysis revealed that a significant portion of claims may be fraudulent. The agency...