Identity Theft’s Taxing New Trend: Scammers Are After Your Tax Refund
Filed under: Identity Theft, Taxes, IRS, Tax Refunds
Along with the rapid rise in identity theft has come the explosion of a specialized and sophisticated form of theft: tax identity theft.
During the 2011 tax processing year, roughly 940,000 tax returns were filed fraudulently. This year the number will likely reach 1 million. Even the IRS’ own taxpayer advocate, Nina Olson, says the IRS is woefully incapable of handling the boom.
A recently released report from the National Taxpayer Advocate to Congress says that the IRS “has failed to…
Identity Theft’s Taxing New Trend: Scammers Are After Your Tax Refund originally appeared on DailyFinance.com on 2013-01-25T10:05:00Z.
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