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
How to Become an Influencer with Jon Levy

How to Become an Influencer with Jon Levy

Introduction In this interview, Alan Olsen, CPA, MBA discusses with Jon Levy how to become an influencer.  Jon is a behavioral scientist, TED talk alum, and New York Times bestselling author. Transcript: Alan Olsen Hi, this is Alan Olsen and welcome to American Dreams. My guest today is Jon Levy. Jon, welcome to today’s show.…

Artificial Intelligence or Authentic Creation? The Debate Over Copyrighting AI Art.

Artificial Intelligence or Authentic Creation? The Debate Over Copyrighting AI Art.

Is artificial intelligence (AI) created art, art? In an age where technological innovation permeates every facet of our lives, the intersection of art and artificial intelligence presents a legal and ethical quagmire. The recent ruling by US District Court Judge Beryl A. Howell declaring AI-generated artwork ineligible for copyright has ignited heated debates among artists,…

The American Dreams Impact Legacy Conference 2023! online

American Dreams Impact Legacy Conference

American Dreams Impact Legacy Conference 2023 Unlock the secrets to building multi-generational wealth and intentional family legacies on September 19th at 10 AM PST. Dive deep into understanding the importance of crafting your family’s legacy with intent, rather than leaving it to chance. This event is your chance to gain insights from leaders who’ve mastered…

Intersection of Law and AI with Paul Callister

Intersection of Law and AI with Paul Callister

This week Host Alan Olsen interviews  Paul Callister, a dynamic individual with a diverse background, takes us on a journey through his educational path from chemical engineering to philosophy, followed by his transition from practicing law to becoming a law librarian and professor. As a former attorney in a family law firm, Paul sought to…