Saturday 18 March 2017

The Solution to Tax Identity Theft: Slower Refunds

The Solution to Tax Identity Theft: Slower Refunds

The Government Accountability Office estimates that $5.8 billion was lost to identity thieves filing fraudulent tax returns in 2013 and that there may have been as much as $24.2 billion in thwarted attempts. Tax identity theft losses are estimated to reach $21 billion by 2016, according to the Treasury Inspector General Tax Administration. While the massive loss chronicled in the GAO report was…

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March 18, 2017 at 08:40AM
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