Online tax filing popular with taxpayers – and thieves

Source: Allison Lynn, Today (MSNBC)

The vast majority of Americans filed their tax returns electronically last year, taking advantage of e-filing systems that offer convenience for taxpayers but also have opened up a major new avenue for tax fraud.  About 81 percent of taxpayers filed their returns electronically in 2012, the independent IRS Oversight Board said in a report released Friday.

Electronic filing of tax returns also has gained popularity in recent years with thieves, who use stolen Social Security numbers and other information to file fake tax returns using popular tax preparation software, and then collect hefty refunds.

Read Full Article: Online tax filing popular with taxpayers – and thieves

 

Tags/Keywords

Article Statistics

Article Viewed: 1735
Tracker Stats:

 
 

Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Facebook FTwitter T

Consumer Help Desk

Advocacy