The Treasury Inspector General for Tax Administration (TIGTA) finds that the IRS’s Income Verification Express Service (IVES) needs security enhancements. Once accepted in the IVES program, participants can submit requests on behalf of their clients to obtain tax transcripts. The IRS must authenticate the validity of the tax transcript request forms. In an audit, TIGTA found that while the IRS has implemented actions to help ensure that tax transcripts can be accessed only by IVES participants, “some key processes are not operating as intended to ensure that taxpayers authorize the release of their tax transcripts.” Read the audit here: http://bit.ly/3aFGapq Call or visit our website for more information! www.mjscpa.com/
