Jun 25

IRS Contends with Billions Lost to Stolen EINs

IRS Contends with Billions Lost to Stolen EINs

The Internal Revenue Service is losing billions of dollars to fraudsters every year from stolen Employer Identification Numbers, according to a new government report, even though it has some processes in place to authenticate individuals who apply for an EIN.

Source: http://www.accountingtoday.com/news/IRS-Contends-Billions-Lost-Stolen-EINs-68928-1.html

Disclaimer: This is intended to provide useful tips and is NOT intended to be legal advice. You should always seek the advice of an attorney when creating a will. You can also get more information about creating a will by contacting one of the attorneys at Brunsdon Law Firm.

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