IRS see big drop in identity theft, stolen tax refunds - WFMJ.com News weather sports for Youngstown-Warren Ohio

IRS see big drop in identity theft, stolen tax refunds

Posted: Updated:

By STEPHEN OHLEMACHER
Associated Press

WASHINGTON (AP) - The IRS says it is seeing a big drop in the number of tax refunds being stolen by identity thieves after the agency teamed up with tax preparers to fight the problem.

IRS Commissioner John Koskinen said Tuesday that 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, identity thieves stole nearly 700,000 fraudulent tax refunds from the IRS. Last year, the number dropped to 377,000.

Koskinen said thieves have stolen 107,000 refunds in the first five months of this year.

Identity thieves steal refunds by obtaining private information from victims, and using it to file fraudulent tax returns in their name.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More From wfmj.comHot ClicksMore>>

  • Billy Graham mourned as body taken to his namesake library

    Billy Graham mourned as body taken to his namesake library

    Sunday, February 25 2018 10:39 PM EST2018-02-26 03:39:44 GMT
    (AP Photo/Nell Redmond, File). FILE - In this Dec. 20, 2010 file photo, evangelist Billy Graham, 92, speaks during an interview at the Billy Graham Evangelistic Association headquarters in Charlotte, N.C. Graham, who died Wednesday, Feb. 21, 2018, at h...(AP Photo/Nell Redmond, File). FILE - In this Dec. 20, 2010 file photo, evangelist Billy Graham, 92, speaks during an interview at the Billy Graham Evangelistic Association headquarters in Charlotte, N.C. Graham, who died Wednesday, Feb. 21, 2018, at h...
    The Rev. Billy Graham's body will be brought to his hometown of Charlotte on Saturday as part of a procession expected to draw crowds of well-wishers.More >>
    The Rev. Billy Graham's body will be brought to his hometown of Charlotte on Saturday as part of a procession expected to draw crowds of well-wishers.More >>
  • Caller told FBI Florida shooting suspect 'going to explode'

    Caller told FBI Florida shooting suspect 'going to explode'

    Sunday, February 25 2018 1:41 PM EST2018-02-25 18:41:52 GMT
    (Mike Stocker/South Florida Sun-Sentinel via AP). Margarita Lasalle, a bookkeeper and Joellen Berman, a guidance data specialist, look at a memorial Friday, Feb. 23, 2018 as teachers and school administrators returned to Marjory Stoneman Douglas High S...(Mike Stocker/South Florida Sun-Sentinel via AP). Margarita Lasalle, a bookkeeper and Joellen Berman, a guidance data specialist, look at a memorial Friday, Feb. 23, 2018 as teachers and school administrators returned to Marjory Stoneman Douglas High S...
    A woman close the man charged with killing 17 people at a Florida high school warned the FBI he had rifles and said, "I know he is going to explode.".More >>
    A woman close the man charged with killing 17 people at a Florida high school warned the FBI he had rifles and said, "I know he is going to explode.".More >>
  • After years of dejection, proponents of gun laws see hope

    After years of dejection, proponents of gun laws see hope

    Sunday, February 25 2018 12:09 PM EST2018-02-25 17:09:14 GMT
    (Michael Laughlin/South Florida Sun-Sentinel via AP, File). FILE - This Feb. 21, 2018 file photo shows Marjory Stoneman Douglas High School student Cameron Kasky, left, asking a question to Sen. Marco Rubio during a CNN town hall meeting in Sunrise, Fl...(Michael Laughlin/South Florida Sun-Sentinel via AP, File). FILE - This Feb. 21, 2018 file photo shows Marjory Stoneman Douglas High School student Cameron Kasky, left, asking a question to Sen. Marco Rubio during a CNN town hall meeting in Sunrise, Fl...
    "Our kids have started a revolution:" Teens' activism after Florida school shooting has some hopeful for action on gun policy.More >>
    "Our kids have started a revolution:" Teens' activism after Florida school shooting has some hopeful for action on gun policy.More >>
Powered by Frankly
All content © Copyright 2000 - 2018 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms