Protecting Business Taxpayers From Identity Theft
Posted on January 2nd, 2021
Starting December 13, 2020, the IRS began masking sensitive data on business tax transcripts. Previously, only sensitive data on individual tax transcripts was masked. Read More…
Tags: Fraud, Identity Theft
Five Tips to Protect Against Identity Theft
Posted on April 3rd, 2020
Tax-related ID theft occurs when someone uses a taxpayer’s stolen personal information to file a tax return claiming a fraudulent refund. Thieves then use personal information like a stolen Social Security number. While the accounting profession and IRS work hard to prevent identity theft, taxpayers also play an important role. Read More…
Tags: Fraud, Identity Theft, Refunds
IRS Ends Tax Transcript Fax and Third-Party Services
Posted on July 2nd, 2019
Due to ongoing efforts to protect taxpayers from identity thieves, the Internal Revenue Service no longer offers tax transcript faxing service and third-party mailing of tax returns and certain transcripts. These measures are effective June 28 and July 1, 2019, respectively, and affect individual and business transcripts. Read More…
Tags: Identity Theft, Tax Tips