December’s the time for a lot of holiday sport events, and the IRS and its Security Summit partners are putting on a full-court press of their own against identity theft and tax fraud. The week of Dec. 5-9 has been designated “National Tax Security Awareness Week,” and will see the IRS, state tax agencies and the tax industry share a wealth of information with taxpayers.…
The Internal Revenue Service issued a press release Tuesday to remind taxpayers that 2015’s PATH Act will delay 2017 refunds. The delay comes from an anti-fraud, anti-theft provision in the act that slows down the refund process to better review returns claiming the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC), which will not be issued until at least February 15, 2017.…
Read more about IRS Pre-Holiday Reminder: 2017 Refunds Will be Delayed
Members of the Security Summit say their efforts are being rewarded with a marked improvement in the battle against identity theft and tax fraud. The group – made up of tax industry partners and state tax agencies who work with the Internal Revenue Service – helped the IRS develop new strategies that have borne fruit in 2016.…
Read more about Online Security Measures Showing Positive Results
John Sapp, Vice President of Strategic Development for Drake Software, has been appointed to the Electronic Tax Administration Advisory Committee. The ETAAC was established in 1998 to confront tax…
Read more about Drake’s John Sapp Named to National Advisory Panel
The latest meeting of the IRS’ Security Summit working group has grabbed a lot of headlines recently. Among the news is that income tax preparers will be expected to secure the taxpayer data under…
Read more about Stepping Up Tax Preparer Security: What Does it Mean?
On June 28, private- and public-sector tax administration leaders met to review what had been accomplished in 2016 and plan for next year, concluding that the Security Summit's past efforts reduced…
Read more about IRS Says Security Summit Yields Positive Results
Today, the IRS announced that it will increase the amount of information shared between the tax preparation industry and the government to safeguard taxypayers from identity theft and tax refund…
