Identity theft is often thought of in terms of credit scores and bank accounts, however, the same information used to meddle with your credit can be used to mess with your taxes. Getting jobs, filing returns, when hackers use your personal information in this manner, it is regarded as Tax Identity Theft. While the paperwork needed to correct this is a hassle in and of itself, the resulting delay in refunds could be detrimental for those enduring hardships.
Continue reading Tax ID Fraud and How to DefendTag Archives: IRS
Man in Jail for IRS Tax refund Scam
Babatunde Olusegun, a resident of St. Louis, was sentenced to jail for the crime of stealing US Citizen’s details. He will spend four years behind the bar. The perpetrator used the details to file fake tax return claims. He made this a success through the use of information leaked in various incidences.
Continue reading Man in Jail for IRS Tax refund ScamHow the IRS Is Fighting Identity Theft
Identity theft is not a problem that just affects the private sector. The IRS has been struggling with it for many years as well. But a recent report indicates that they are having significant success fighting it.
Continue reading How the IRS Is Fighting Identity TheftHow IRS Is Helping Curb Identity Theft
The Internal Revenue Service (IRS) in conjunction with the State Tax Authority has waged a fight against identity theft through tax systems. During their previous summit, reports of notable progress on the initiative were tabled, while new procedures were laid out for the next phase.