Criminals gain access to taxpayers’ personal information

Daily News Article - May 28, 2015

Questions

PLEASE NOTE: Daily posting and “Answers” emails will end for the school year on Friday, May 29th. 

1. a) What announcement did the IRS make on Tuesday?
b) How many people had their personal information compromised?

2. a) How did the IRS commissioner portray the data breach from the IRS website?
b) Do you agree?  Explain your answer.

3. a) What is the IRS’s “Get Transcript” tool?
b) Why were criminals able to pose as individual taxpayers and gain access to their records on the IRS website?

4. Exactly how did thieves get enough data to impersonate taxpayers in the first place?