IRS Tool To Protect Identity Theft Victims Vulnerable To Identity Thieves

IRS Tool To Protect Identity Theft Victims Vulnerable To Identity Thieves

Every year, we warn you about tax return identity theft: bad guys all over the world obtain enough personal information about U.S. taxpayers to file fake tax returns and steal our refunds. After a taxpayer’s identity gets stolen in this way, the Internal Revenue Service issues them a special identification number that they have to enter when filing their tax return. The problem is that these numbers are pretty easy to access, too, and the IRS doesn’t have a good replacement yet. [More]

Watch Out For Tax Scams Pushing False Stimulus Credits

Watch Out For Tax Scams Pushing False Stimulus Credits

The Internal Revenue Service issued a warning for a tax preparation fraud involving phony credits based on stimulus packages. Hucksters are apparently targeting the elderly and tricking them into taking tax credits geared toward college students. [More]