News & Analysis as of

Identity Theft Fraud Internal Revenue Service

J.S. Held

How to Defend Against Identity Theft This Tax Season

J.S. Held on

In recent years, identity theft cases have surged, especially during tax season. According to the Internal Revenue Service (IRS), in 2022, the federal agency identified and prevented USD 5.7 billion in tax-related fraud, and...more

Foley & Lardner LLP

National Public Data Hack Exposes Millions: Essential Steps to Safeguard Your Identity and Combat Fraud

Foley & Lardner LLP on

The recent massive data breach at National Public Data (NPD), a background check company, has potentially compromised the personal information of millions, if not billions, of individuals, including their Social Security...more

ArentFox Schiff

Investigations Newsletter: Home Health Care Owner Sentenced to Nine Years in Prison for Medicare Fraud Scheme

ArentFox Schiff on

Home Health Care Owner Sentenced to Nine Years in Prison for Medicare Fraud Scheme - This week, the owner of a home health company was sentenced to nine years in prison for orchestrating a nearly $2.8 million scheme...more

Foodman CPAs & Advisors

Organizaciones Benéficas Falsas: Advertencia De Estafa

Foodman CPAs & Advisors on

El 23/10/23, el IRS emitió una advertencia a los contribuyentes sobre las estafas de organizaciones benéficas falsas y cómo los donantes desprevenidos pueden en realidad estar contribuyendo a organizaciones benéficas falsas y...more

Foodman CPAs & Advisors

Fake Charities Scam Warning

Foodman CPAs & Advisors on

On 10/23/23, the IRS issued a warning to taxpayers regarding Fake Charities scams and how unsuspecting donors may actually be contributing to fake charities and not be able to deduct donations on their tax returns despite the...more

McDermott Will & Emery

Weekly IRS Roundup November 14 – November 18, 2022

McDermott Will & Emery on

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 14, 2022 – November 18, 2022...more

McDermott Will & Emery

Weekly IRS Roundup November 29 – December 3, 2021

McDermott Will & Emery on

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 29, 2021 – December 3, 2021... November 29, 2021: The IRS published a news release...more

Oberheiden P.C.

SBA Loan Fraud Defense—How to Defend Against an Indictment

Oberheiden P.C. on

Tips on Preparing to Defend Against Allegations of SBA Loan Fraud During the COVID-19 Crisis - Federal emergency relief legislation—including the Coronavirus Aid, Recovery, and Economic Security Act (“CARES Act”)—has...more

McGuireWoods LLP

IRS, States, Industry Continue Progress to Protect Taxpayers from Identity Theft

McGuireWoods LLP on

On October 20, 2015, the IRS, state taxing authorities, and leaders of the tax industry announced continued progress to expand and strengthen protection against identity theft in refund fraud for the 2016 tax season. “We are...more

Robinson+Cole Data Privacy + Security Insider

IRS admits 334,000 victims of fraudulent tax refunds due to security flaws on website

Not only did the IRS lose a flash drive with 12,000 school worker’s Social Security numbers on it in Texas, it admitted on August 17th that its initial estimate that 110,000 taxpayers’ personal information was used to file...more

Ervin Cohen & Jessup LLP

Taxpayer Identity Theft

Recently, there has been a spike in felons filing fraudulent income tax returns seeking refunds. The identity thief merely acquires a taxpayer’s name, address and Social Security Number, and files a return with a different...more

Lowndes

IRS Offers Floridians Extra Protection Against Tax-Related Identity Theft

Lowndes on

You are most likely aware of the recent news stories about the growing problem of identity theft in the tax area. The identity theft is usually only discovered when a person goes to file their return and discovers that a tax...more

Blank Rome LLP

IRS Issues FATCA Fraud Alert

Blank Rome LLP on

As part of its continuing efforts to combat the serious problem of identity theft, the Internal Revenue Service warned today that fraudsters have expanded their widening schemes to obtain identity information to foreign...more

Burr & Forman

Burr Alert: Filer Beware - The Growth Of Fraudulent Tax Returns

Burr & Forman on

The filing of fraudulent tax returns resulting from identity theft is a growing business in America. If it wasn't bad enough that the criminals would try to get money out of your bank or use the information to purchase goods...more

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