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Tag Archives: IRS

Hopkins faculty, staff report possible identity theft

Johns Hopkins. (File.)

Faculty and staff at Johns Hopkins University and the Hopkins health system appear to have been targeted in an identity theft scheme in which phony tax filings were made on their behalf. Hopkins officials say there's no evidence of a security breach in their systems but note that a nationwide identity theft scheme has been targeting physicians and medical professionals.

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IRS apologizes for seizing bank accounts

Pressured by Congress, the IRS said Wednesday it is changing its policies and apologizing for seizing banks accounts from otherwise law-abiding business owners simply because they structured bank transactions to avoid federal reporting requirements.

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