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
Dawn LeBlanc – Managing Director at Hartford InsurTech Hub

Dawn LeBlanc – Managing Director at Hartford InsurTech Hub

Dawn is the Managing Director at Hartford InsurTech Hub. She has Diversified expertise across insurance/financial products, innovation, marketing, regulatory, actuarial, operations, distribution and technology. Prior to joining Hartford InsurTech Hub she was the Vice President Business Solutions at Prudential Financial. Dawn attended Central Connecticut State UniversityWhere she received her Bachelor’s in Science in Mathematics/Actuarial

Avishai Ben-Tovim

Avishai Ben-Tovim | CEO of MDI Health

Avishai Ben-Tovim is a sales & business development executive with years of professional experience and a drive to succeed and to innovate. He holds an IT Engineering degree from Ben-Gurion University of the Negev as well as an MBA from Tel Aviv University. Over the course of his career, he has worked extensively within the sales and technology sectors and held a variety of technical and management roles with companies like Kenshoo, eToro, Google and Roundforest, the latter of which he acted as

Ellipsis Health Will Change Behavioral Health, Steven Cupps

How Ellipsis Health Will Change Behavioral Health Diagnosis | Steven Cupps

AlanI’m visiting here today with Steven Cupps, he is the head of Business Development for Ellipsis Health. Welcome to today’s show.Steven Thank you so much for having me.AlanSo Steven, I’d like to hear the background of how you got to the position that you’re in today. What led up to this?StevenBehavioral health has always been a passion of mine. If you think about the entire ecosystem, and in healthcare, it’s really the biggest unmet challenge today. And so what we’re doing at ellipsis is we’re

The Biden Administration Corporate Tax Proposal

California LLC Laws And IRS Identity Theft Reporting

A discussion on the tax history of LLC entities i…