Dropdown button for navigation mobile view

IRS assists victims of data breach

Posted by: Zaher Fallahi
Posted On: Aug 17, 2015

The IRS Announcement 2015-22 states that the IRS will not assert that an individual whose personal information may have been compromised in a data breach must include in gross income the value of the identity protection services provided by the organization that experienced the data breach.  Additionally, the IRS will not assert that an employer providing identity protection services to employees whose personal information may have been compromised in a data breach of the employer’s (or employer’s agent or service provider’s) recordkeeping system must include the value of the identity protection services in the employees’ gross income and wages.  Announcement 2015-22 will be in Internal Revenue Bulletin 2015-35, dated August 31, 2015.  Announcement 2015-22

Zaher Fallahi, Tax Attorney, CPA, is an IRS Defense Attorney, and assists taxpayers including Americans Living Abroad and Non-Resident Aliens subject to the US tax law, in resolving their tax controversy regarding their Offshore Voluntary Disclosure Program (OVDP), Report of Foreign Bank and Financial Accounts (FBAR), Foreign Account Tax Compliance Act (FATCA) and Foreign Trust. The firm handles Offer-In-Compromise and unfiled tax cases.  Telephones: (310) 719-1040 (Los Angeles), (714) 546-4272 (Orange County), e-mail [email protected]