Thieves Steal Confidential Taxpayer Info Via IRS Website

Just when you thought you were safe to access important and confidential information via the IRS website, it turns out scammers are at it again. According to reports from the IRS, thieves have managed to break into one of the government agency’s website services and steal the confidential information of thousands of taxpayers.

In fact, according to reports, the IRS says that the personal information of more than 100,000 taxpayers has been compromised. The idea behind the scam is to steal people’s private information in order to use the victims’ identities to then file false tax returns. The scam occurred through the IRS’s “Get Transcript” service, where taxpayers are able to access their returns and other filings from prior tax years. 

According to IRS Commissioner John Koskinen these scammers are not amateurs. They appear to part of a large criminal syndicate that is attacking the entire financial industry in an effort to defraud both taxpayers and the government of millions.

The IRS discovered the issue after technicians noticed a large bump in the number of taxpayers that were asking for transcripts. While this kind of elaborate tax fraud continues to increase, the IRS claims that so far this year tax scammers have successfully claimed less than $50 million via false tax returns. However this new threat appears to very complex and the information that has been stolen could also be used in future tax seasons to defraud the IRS and taxpayers out of even more money.

Posted in
Top Christmas Presents for 2017

Top Christmas Presents for 2017

Top Christmas Presents for 2017 Are you still looking for that perfect gift for Christmas this year? Have someone on your list that’s impossible to shop for? There is no end to the number of gifts you could purchase, so what are you supposed to do? With endless choices, you might feel a little overwhelmed. But…

These Are the Fastest Growing Cities in the U.S.

These Are the Fastest Growing Cities in the U.S.

These are the fastest growing cities in the U.S. and they are not always the biggest cities in the country. Los Angeles, New York, Philadelphia, Chicago and San Francisco are not only large, but also very famous. However, when it comes to growth there are many other cities both large and small that are growing…

Top 10 Golf Courses in the World

Top 10 Golf Courses in the World

Top 10 Golf Courses in the World 1. St Andrews (Old Course) Taking home the prize for the best golf course in the world is St. Andrews in Scotland. This storied course holds the record for hosting the most Open Championships, with 29. The course has practically been around since the game itself, being built…

Top Performing Stocks Over the Last 35+Years

Top Performing Stocks Over the Last 35+Years

Top Performing Stocks Over the Last 35+Years How to Find the Right Dividend Growth Stock The stock market is vast and the possibilities are endless. For example, just consider the many ups and downs over the last 35+ years. There have been huge success stories both individually and for the stock market as whole. On…