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IRS Leaks And 'Critical Safeguard Weaknesses' Leave Millions Of Americans' Sensitive Data At Risk As Agency Fights for More Funding [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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The IRS processed 162 million federal individual tax returns in 2023, and Americans spend a significant amount of time and money on their taxes each year. According to the Taxpayer Advocate Service, an individual filing one annual tax return spends 13 hours and $240 in out-of-pocket costs. Don't Miss: Invest alongside execs from Uber, Facebook and Apple in this wellness app Transforming a $5.6 TRILLION dollar industry Join the elite. Invest in Epic Games and own a piece of the $17 billion Fortnite empire While tax season is no one's idea of fun, most Americans presumably assume their sensitive submitted data is safe with the government. Recent high-profile cases may show otherwise. On Jan. 29, 2024, an IRS consultant was sentenced to five years in prison for leaking the taxes of Donald Trump and other wealthy Americans to the media. Citadel CEO and hedge fund manager, Ken Griffin, was one of those caught up in the leak and sued the IRS for claiming the IRS failed to pro
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