IRS Detects Massive Data Breach in ‘Get Transcript’ Application

By MICHAEL COHN at AccountingToday Published: WASHINGTON, D.C. (MAY 26, 2015) The Internal Revenue Service warned of a huge data breach of its online Get Transcript application that allowed the tax returns of approximately 104,000 taxpayers to be accessed by identity thieves. The IRS said Tuesday that criminals used taxpayer-specific data acquired from non-IRS sources […]

IRS: Don’t Forget Tax Credit for Day Camp

By Roger Russell With many parents struggling to fill gaps in their children’s schedules as summer kicks into high gear, the IRS is reminding taxpayers to keep in mind the Child and Dependent Care Tax Credit to help them offset some day camp expenses. The credit is available for expenses incurred during the summer and […]