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
Six Tech Trends You Need to Know About

Six Tech Trends You Need to Know About

Six Tech Trends You Need to Know About Do you know anything about virtual reality? What about artificial intelligence or self-driving cars? Perhaps you’ve heard the term “The Internet of Things” and wondered what in the world that means. The tech world is constantly changing. We live in a world where a new technology can…

What Does It Take To Be Successful?

What Does It Take To Be Successful?

What Does It Take To Be Successful? What is the key to success in business? What is the key to success in life? Is there really one key to success? The answer is no. There are a lot of different keys to success in anything you do. The fact is the key to success will…

You’ve Got to Start Somewhere

You’ve Got to Start Somewhere

You’ve Got to Start Somewhere How do you get to where you want to be? Should you plan out your course from start to finish and calculate every step of the way before you begin? Should you know exactly where your path is going to lead before you begin your journey? The answer might depend…

Time to Add These Watches to Your Collection?

Time to Add These Watches to Your Collection? Rolex, Audemars Piguet, Tag Heuer, Vacheron Constantin, and Cartier, these are just a few of the most well known high-end luxury watch brands in the world. Owning a few expensive luxury watches is common amongst most high net worth individuals, but for some collecting multiple rare and/or…