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IRS sees big drop in identity theft, stolen tax refunds

Source: neworleanscitybusiness.com - Jul 26, 2017

The IRS is seeing a big drop in the number of identity theft victims 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 to the previous year. At the same time, he said, more businesses are being targeted.

In 2015, thieves stole the identities of nearly 700,000 victims. Last year, the number dropped to 377,000.

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Category: General Business