The IRS admittedly has little control over protecting your tax returns against identity theft. The problem is too big, the data too widely available, prevention too rarely attended to until it’s already too late.
Your tax returns are the Holy Grail of identity theft because they contain virtually every piece of information a fraudster needs to BECOME you. But you don’t have to be a victim; you simply need to take responsibility for what is rightfully yours – your tax return information and your identity. The changes aren’t difficult, they simply require you read through this document so that you recognize the risks. Once that’s done, you simply avoid the highest-risk behaviors.
Here is a comprehensive list of frauds, scams and high risk tax-time practices.
Top Tips for Tax Time Identity Theft Protection
Posted in Cyber Data Security, Fraud Detection & Prevention, Identity Theft Prevention by Identity Theft Speaker John Sileo.
Tags: "Identity Theft, breach, Data Breach, Fraud, identity theft expert, Identity Theft Prevention, Identity Theft Speaker, John Sileo, Privacy, Tax, tax fraud, Tax Identity Theft, Tax Preparation, Tax Return Theft, taxes, Theft
It’s nerve racking to realize that the IRS increasingly struggles to control taxpayer identity theft. Since 2008, the IRS has identified 470,000 incidents of identity theft affecting more than 390,000 taxpayers. “Victims of tax-related identity theft are the casualties of a system ill-equipped to deal with the growing proficiency and sophistication of today’s tax scam artists” said Sen. Bill Nelson, who chairs the newly formed Subcommittee on Fiscal Responsibility and Economic Growth.
Posted in Cyber Data Security, Fraud Detection & Prevention, Identity Theft Prevention by Identity Theft Speaker John Sileo.
Tags: "Identity Theft, breach, Data Breach, Fraud, id theft, identity theft expert, Identity Theft Prevention, Identity Theft Speaker, John Sileo, Privacy, Tax, tax fraud, Tax Identity Theft, Tax Preparation, Tax Return Theft, taxes, Theft