The IRS Was Hacked? Was Your Data Stolen?

<p>Hey, do you trust that all of the information you share with the IRS is being kept safe? As a general rule, it probably has been, but what we're finding right now is maybe it hasn't, maybe there's been a leak.  There is a lot to talk about when we're talking about the IRS.</p> <p>[00:00:19] They of course have all of the information that they can get their hands on. They're already overloaded and we've got the Biden administration now looking for even more data to go to the IRS. You probably already know that if you do a transaction at a bank above $10,000, that it gets reported to the IRS and probably the FBI, the CIA, the NSA, and any other three-letter agency that you can think of course, that doesn't include the BATF.</p> <p>[00:00:52] Because they're not a three-letter agency as much as they want to meet, but the IRS has records on everything, already that they know what your social security number is, what your name is, what your address is. They also have information about. The business you work for or businesses you work for, they know what you do for a living.</p> <p>[00:01:13] They know that you have debt and what that debt is. They know your business relationships, your family status, who you're married to, who your children are, if you have disabilities, because of course you put that on your tax forms and. Bunch of other personal data. Why do the bad guys, Rob banks, or at least they used to because that's where the money is.</p> <p>[00:01:38]So where are the bad guys going right now? We're going to talk more about that a little bit later on today. And if you miss it, you can catch my podcast as well at Craig peterson.com/podcast. But they're going after businesses that take care of cybersecurity. Businesses. So this is a very big deal, but nearly every American has complied voluntarily with paying our taxes, that there's a whole idea behind this system and with the Biden administration now looking at all of this and saying what we want to do now is not the $10,000 limit. That's for wimps. We want