What The Irs Should Do Now To Protect Taxpayers From Fraud

The recent data breach at Equifax is just the latest reminder of the threat that identity theft poses. Although most people are aware of the possibility of having their credit cards used fraudulently, many overlook the threat of return-related tax fraud. The IRS has a weapon at its disposal that could dramatically reduce the risk of identity theft crimes related to taxes, but thus far, the taxing agency has only made that weapon available to a small fraction of taxpayers.

Topics:  equifax   irs   social security   taxpayers   fraud   identity   return   file   order   threat   refunds   information   theft   returns   weapon   thieves   number   
BING NEWS:
  • IRS warns of scams targeting seniors
    These scams are targeting older adults in Louisiana and elsewhere across the country by pretending to be government officials, aiming to steal sensitive personal information and money.
    06/12/2024 - 4:26 am | View Link
  • 5 IRS developments to watch
    With tax season over, the Internal Revenue Service has used the rest of the second quarter to introduce new policy updates, as well as to address a data breach that resulted in a criminal conviction ...
    06/10/2024 - 10:30 pm | View Link
  • IRS has options to help people who missed the April filing deadline
    Taxpayers should check their withholding every year to protect against having too little tax withheld and facing an unexpected tax bill or penalty at tax time next year. The Tax Withholding Estimator ...
    06/10/2024 - 1:00 pm | View Link
  • IRS Warns Taxpayers About Paying Massive Penalties
    Under tax laws, the agency pointed out that missed tax payments could mean 8 percent interest on what's owed that compounds daily. Meanwhile, there will also be a 5 percent penalty per month on ...
    06/10/2024 - 10:39 am | View Link
  • tSNAP fraud is on the rise across Michigan & the US. What's being done to stop it?
    SNAP fraud is a growing problem in Michigan and across the country. Bad actors, mainly from out of state, are stealing EBT card information and draining the accounts of people who rely on SNAP ...
    06/5/2024 - 10:37 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News