Online scams related to COVID-19 are on the rise. In January 2017, the Identity Theft Tax Refund Fraud – Information Sharing Analysis Center (“ISAC”) was formed in partnership among the IRS, industry, and states. It consists of two components: the Platform, which serves as a centralized information-sharing vehicle, and the Partnership, which provides thought leadership, addresses legal barriers, and creates and maintains open channels of communication for the benefit of taxpayers. Learn more from the ISAC’s 2019 annual report.
Alert: Follow coronavirus-related federal tax changes through the IRS’ Coronavirus Tax Relief center.