The IRS stopped $7 billion in fraudulent refunds in calendar years 2024 and 2025, and it could prevent more fraud if it had earlier access to key information returns, according to an audit report from ...
The Internal Revenue Service improved its ability to flag tax returns for signs of potential identity theft, according to a new report. Processing Content The report, released Monday by the Treasury ...
Eligible taxpayers should promptly file IRS Form 843, marking it as a 'Protective Refund Claim Pursuant to Kwong Case' and mailing it via certified mail. Claims must be on paper, as electronic ...
Tax-related identity fraud is a significant threat. In 2023 alone, the IRS flagged a whopping 1.1 million tax returns for potential fraudulent activity, stopping over $105.3 million in illegal returns ...
Many Americans paid IRS penalties or interest during the pandemic without realizing those charges may not have been valid. A November 2025 federal court ruling could now open the door for refunds — ...