Tax-related identity theft: Its growth and IRS efforts to stop it

August 28, 2013 by OSYB Staff

Tax fraud is a huge issue. IRS identity fraud has increased 413% in the last five years. Many drug dealers are turning to IRS identity fraud because it is more lucrative and less risky. In 2011-2012 there was an increase of 78% in identity theft cases at the IRS, costing $70 million.