Hundreds of thousands of taxpayers are victims of tax-related identity theft each year, often through no fault of their own, Erin Collins, the national taxpayer advocate, wrote. These victims are still experiencing unconscionable delays waiting for the IRS to process their returns and pay their refunds with no immediate resolution in sight.
Low-income taxpayers made up two-thirds of all identity theft victims last year. Of those, 62% reported experiencing financial burden as a result of the crime. Refund delays can exacerbate existing hardships or cause new ones; many low-income taxpayers rely on these refunds to afford basic living expenses.
#tax-identity-theft #irs-refund-delays #low-income-taxpayers #financial-burden #national-taxpayer-advocate
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