The “Security Summit” is a partnership between the IRS, state tax agencies and the private-sector tax industry. It was formed to combat identity theft refund fraud. The IRS announced that “significant progress” has been made in this endeavor. Steps taken by Summit partners include expanding IRS fraud filters, requiring states to request additional information (such as driver’s license numbers), having software providers strengthen password requirements to protect accounts, and adding multifactor identity authentication. Read more here. © 2019
Contact the CG Team with questions via the form to the right or call 732.676.4100.
“IRS, Security Summit Partners Mark Significant Progress against Identity Theft; Key Taxpayer Protection Trends Continue.” Internal Revenue Service. April 8, 2019. Accessed April 16, 2019. https://www.irs.gov/newsroom/irs-security-summit-partners-mark-significant-progress-against-identity-theft-key-taxpayer-protection-trends-continue.