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ARTICLE · 25 JULY 2016

June 2016 Tax Snacks

Baker Newman Noyes
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Last summer, we provided an update from the IRS clarifying that it now believed 220,000 records were compromised, and 390,000 total attempts were made.

United StatesTax
Baker Newman Noyes
Baker Newman Noyes

Tax Snacks: Bite-size tax news and information on the fly

Date to Remember

July 31: Forms 5500 must be filed with the Department of Labor by calendar-year entities

IRS transcript hack

About a year ago, we shared news with our readers that the IRS computer systems had been hacked, and that their "Transcript of Account" service was being taken offline to address the security breach. We understood at that time that the breach involved 100,000 taxpayer records (Social Security Numbers, names, addresses, etc.) that were accessed, and around 200,000 hacks attempted. Last summer, we provided an update from the IRS clarifying that it now believed 220,000 records were compromised, and 390,000 total attempts were made.

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