The Treasury Inspector General for Tax Administration (TIGTA) released a report that does not bode well for the Internal Revenue Service. According to the report, “the IRS has recently issued thousands of tax identification numbers to ineligible people and, in some cases, IRS managers condoned the practice.” In response, the IRS released a statement vowing [...]
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According to a report from the Treasury Inspector General for Tax Administration (TIGTA), as of December 31, 2011, 641,052 taxpayers were affected by identity theft in calendar year 2011. On Tuesday, May 8, 2012, the House Ways and Means Oversight and Social Security Subcommittees held a hearing to discuss identity theft and tax fraud. Once [...]
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