IRS Says ID Thieves Stole Info on 100K Taxpayers

Identity Theft

IRS Says ID Thieves Stole Info on 100K Taxpayers

IRS Says ID Thieves Stole Info on 100K Taxpayers

Identity thieves used the IRS’ own systems to steal personal information from about 100,000 taxpayers, the agency said on Tuesday, according to the Associated Press. Criminals already armed with some data on the taxpayers used the IRS “Get Transcript” website to obtain even more data on their victims, the IRS said. Get Transcript gives taxpayers… Read More

How to Spot a Tax Scam Before You Get Got

Personal Finance

How to Spot a Tax Scam Before You Get Got

How to Spot a Tax Scam Before You Get Got

Happy tax season! Not only do you have to make sure you get everything together you need to file your taxes on time and accurately, you have to deal with people trying to capitalize on your stress. I’m talking about the “IRS” — not the real Internal Revenue Service, but the slew of people impersonating the… Read More

Help! I Did My Taxes Wrong

Personal Finance

Help! I Did My Taxes Wrong

Help! I Did My Taxes Wrong

You know that feeling when finish writing an email, press “send” and immediately realize you made a mistake (aka one of the worst feelings ever)? Once you’re done yelling, “Nooooo!” you likely start writing a corrected message. That’s essentially what you have to do if you make a mistake when filing your taxes. Go ahead,… Read More

IRS Exposed Hundreds of Social Security Numbers

Identity Theft

IRS Exposed Hundreds of Social Security Numbers

IRS Exposed Hundreds of Social Security Numbers

Data breaches are becoming quite common, especially for government agencies. The latest such incident involved the Internal Revenue Service, and could potentially leave tens of thousands of people exposed. The breach itself was discovered by nonprofit watchdog group Public.Resource.Org, and could have lasted less than 24 hours, but potentially much longer, according to a report from the… Read More

Consumers Pass on Tax Refunds via Prepaid Cards

Personal Finance

Consumers Pass on Tax Refunds via Prepaid Cards

Consumers Pass on Tax Refunds via Prepaid Cards

These days, the Internal Revenue Service allows Americans to collect their tax returns electronically, via direct deposit into their bank accounts. However, this option is often not used by underbanked, low-income consumers, and now the government is working to determine how best to roll out these programs to a broader base. Today, some 43 million… Read More

IRS Identity Theft Prevention Criticized

Identity Theft

IRS Identity Theft Prevention Criticized

IRS Identity Theft Prevention Criticized

In recent years, identity theft committed by filing fraudulent tax returns has come into stark focus, but some experts say the Internal Revenue Service still doesn’t do enough to protect Americans. The amount of tax-related identity theft nationwide has surged and a new report from the National Taxpayer Advocate says the IRS may not be doing… Read More

IRS Doesn’t Know Real Size of Tax Identity Theft

Identity Theft

IRS Doesn’t Know Real Size of Tax Identity Theft

IRS Doesn’t Know Real Size of Tax Identity Theft

In just the past few years, more experts both within government agencies and outside them have noticed how troublesome instances of identity theft tax return fraud have become, but a new report suggest the Internal Revenue Service doesn’t know how widespread the issue is. The IRS recently said that it has no way of knowing… Read More

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