The Internal Revenue Service (IRS) has sounded the alarm for millions of Americans to be aware of fraudsters during the Christmas season.

Why It Matters

Christmas, traditionally a peak period for online shopping, has become an annual hotspot for tax-related scams and identity theft, according to the IRS.

The holidays coincide with the approach of tax filing season, creating a lucrative window for scammers to target consumers, tax professionals, and businesses nationwide.

Losses to identity theft-linked tax fraud and the sophistication of online scams have prompted the IRS and its Security Summit partners to reinforce their public outreach and defensive measures this December.

What To Know

This week marks the 10th annual National Tax Security Awareness Week , an initiative of

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