The IRSs ability to detect identity theft has improved, but billions of dollars were lost to criminals in 2011, according to a new report.
The report, from the Treasury Inspector General for Tax Administration, acknowledged that expanded identity theft detection efforts at the IRS are helping to identify fraudulent tax returns. However, billions of dollars of potentially fraudulent refunds continue to be paid.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access