Saturday, December 14, 2013

IRS and Identity Theft

Tax refund ID Theft is growing epidemic:

"More Americans' identities were stolen in tax refund crimes in the first six months of 2013 than in all of 2012, said an Internal Revenue Service watchdog on Thursday who described the problem as "a growing epidemic."Tax refund fraud has exploded in recent years. Scammers typically use stolen names and Social Security numbers to file phony electronic tax forms for IRS refunds."

http://www.nbcnews.com/business/tax-refund-id-theft-growing-epidemic-irs-watchdog-8C11557603

The IRS provides advice and resources including an affidavit on the following sites:
http://www.irs.gov/uac/Taxpayer-Guide-to-Identity-Theft
http://www.irs.gov/uac/Protect-Yourself-from-Identity-Theft-1

$3.6 Billion paid to Identity Theives via fraudulent refunds, down from $5.2 Billion
http://money.cnn.com/2013/11/07/pf/taxes/irs-fraud/

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