In this article from Accounting Today, Kevin Knull, CFP® discusses how layoffs and other executive moves at the IRS could lead to an increase in fraudulent activities: "In the aftermath of massive data breaches in 2024, criminals are already using stolen taxpayer identification numbers to file fake and fraudulent returns, trying to claim the refunds before the legitimate taxpayer files or is aware of the issue, when these fraudulent claims are uncovered, the legitimate taxpayer is forced to deal with the consequences, including working with the IRS to recover their rightful benefits or refunds."
Click here to read the article in Accounting Today
