IRS PARTNERS WITH TAX PROS TO FIGHT IDENTITY THEFT

IRS recently announced “a sweeping new collaborative effort” in joining forces with tax preparation and software firms, payroll and tax financial processors and state income tax administrators with a view toward combating identity theft refund fraud.

Commissioner Koskinen says, “We’ve made tremendous progress, and we will continue these efforts. Taxpayers filing their tax returns next filing season should have a safer and more secure experience.”

Check out IR 2015-87 for more of the details on how IRS plans to work with the tax industry for improved:

~Taxpayer authentication
~Fraud identification
~Information sharing
~Cybersecurity framework
~Taxpayer awareness and communication