IRS sees big drop in identity theft, stolen tax refunds

Washington • The IRS is seeing a big drop in the number of tax refunds stolen by identity thieves after the agency teamed up with tax preparers to fight the problem, IRS Commissioner John Koskinen said Tuesday. The number of victims was nearly cut in half last year, compared with the previous year. At the same time, he said, more businesses are being targeted. In 2015, identity thieves stole nearly 700,000 tax refunds from the IRS. Last year, the number dropped to 377,000. Koskinen said thieves ...

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