Identity Tax Refund Fraud

  • Beware of Identity Tax Refund Fraud

    February 19, 2015 - Leave a Comment

    As many of us prepare to file our income tax returns again this year, we can't help but feel concern about the potential for tax refund fraud.  What began in 2008 has tripled over the past three years.  Millions of American citizens are affected.Free scam computer

    Identity theft has many unfortunate consequences.  One of which is tax refund fraud. With your name, date of birth and social security number, a thief can file a fake tax return and collect your refund. The IRS has not been able to stop it.  In fact, they estimate that it sent out almost three million fraudulent refunds last year. The Government Accountability Office estimate that it cost tax payers $5.2 billion.  And, the Treasury Department estimates the numbers are even much higher. Continue reading

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