Either way it consumes scarce resources.
By CPA Trendlines Research
Tax return identity theft’s a bummer.
How big a bummer?
So big that even when there’s no theft, it’s a bummer.
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It’s a bummer when it happens, not only because it happened but because the Internal Revenue Service can take up to 19 months to recognize the problem, do something about it and send the hapless taxpayer a refund not for this year’s return, not for last year’s return, but for the year before last.
And it’s a bummer when there’s no theft involved because when the IRS’s rickety technology flags a return as a possible ID theft, the return gets delayed for months and months of manual processing.
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