The IRS has recently issued a significant number of CP53E notices, prompting taxpayers to update or add bank account information for direct deposit of refunds. While the notice itself is legitimate, its widespread distribution has also created increased opportunities for fraud.
As Prager Metis tax professionals continue to monitor developments on Capitol Hill, the informally dubbed “Big Beautiful Bill” (“BBB”) has emerged as a landmark piece of legislation with far-reaching implications.
National Tax Advisory GroupNaura Hill2024-07-01T10:39:25-04:00
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IRS Notice CP53E: What You Need to Know About Refund Requests and Rising Scam Activity
