02/11/2015
Identity theft is not just credit fraud!
"Tax fraud related to identity theft is an issue at the federal as well as the state level. The Internal Revenue Service estimated that it paid $5.2 billion in fraudulent ID-theft-related refunds in the 2013 filing season, while blocking attempts at another $24.2 billion in such refunds, according to an August 2014 report by the U.S. Government Accountability Office. Such fraud “is a persistent, evolving threat to honest taxpayers and tax administration,” the GAO said."
