Is Your Tax Refund Safe?

file_161555_0_tax refundYour tax refund may take a few days longer to land in your bank account this year. That’s because criminals from around the world are determined to get to it first.

“Our systems are attacked about a million times a week,” IRS Commissioner John Koskinen says. “These are Russian syndicates, Chinese. … They’re coming from all over.”

I talked to Koskinen on the same day his agency revealed that last year’s attack on the IRS’ Get Transcript system was more than twice as bad as previous estimates. The hackers apparently accessed tax return information for more than 700,000 people, not 334,000 as was reported last summer.

In my latest for NerdWallet, what the hackers did with that information, and how it could affect this year’s refunds.

Related Posts

  • Friday’s need-to-know money news The best place to rent a car for your summer road trip, six surprises that could ruin your retirement and how baby boomers can keep their […]
  • Thursday’s need-to-know money news Today's top story: The excuses that are keeping you from being debt-free. Also in the news: A major data breach at Time-Warner Cable, […]
  • Tuesday’s need-to-know money news Today's top story: How best to protect yourself when shopping online. Also in the news: Retirement resolutions for the new year, how to […]
  • Tuesday’s need-to-know money news Today's top story: What student loan borrowers need to know about the Navient lawsuit. Also in the news: 5 ways to avoid blowing your tax […]