IRS Announces New Initiative to Protect Taxpayer Information

TWL_2015_june_blog5The IRS took steps this week to keep confidential taxpayer information from getting into the wrong hands. In response to a series of security breaches this tax season, the federal tax authority has reached an agreement with state tax administrators, tax prep software companies, and payroll processing providers. The collaboration between these industry and government groups includes standardized improvements across five key areas: taxpayer authentication, fraud identification, information assessment, cybersecurity framework, and taxpayer awareness and communication.  In a statement released Thursday, IRS Commissioner John Koskinen said, “Taxpayers filing their tax returns next filing season should have a safer and more secure experience.”

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