IRS, States Fear Wave of Billion-Dollar Tax Frauds - McDermott Will & Emery

IRS, States Fear Wave of Billion-Dollar Tax Frauds

Overview


David Ransom warned of the potential for numerous data hacks to result in fraudulent tax filings, because “people’s information has been compromised, and it’s available for fraudsters to buy on the dark web. States have increasingly been the target of these types of schemes.”