Good habits prevent identity theft
The Internal Revenue Service is urging people to continue practicing proper cybersecurity habits by securing computers, phones and other devices. Scams and schemes using the IRS as a lure can take on many variations, so practicing personal information security is vital. The IRS works with the Security Summit, a partnership with state tax agencies and […]
Identity protection programs get boost from IRS
The IRS expanded a couple programs to protect taxpayers from identity theft. Masking identifying information on business tax transcripts The IRS now masks sensitive data on both business and individual tax transcripts. In an effort to protect taxpayers from identity theft, the IRS began masking sensitive data on individual tax transcripts two years ago, and […]
IRS Tax Tip: 5 steps to protect against identity theft
All taxpayers should make sure they’re doing everything they can to prevent a thief from stealing their identity. Tax-related ID theft occurs when someone uses a taxpayer’s stolen personal information to file a tax return claiming a fraudulent refund. The thieves use personal information like a stolen Social Security number. The IRS and its partners […]
IRS impersonation scam gains momentum
With the deadline for filing extended tax returns having just passed, taxpayers need to be extra cautious about emails that appear to come from the IRS. The IRS recently announced that there has been a spike in an IRS impersonation scam. Targets of the scam have reported receiving emails from what looks like a legitimate […]
You’ve frozen your credit but you need a loan. Now what?
There’s bad news about the Equifax security breach, and then there’s more bad news, particularly for those looking at pursuing financing loans in the near future. The bad news is the most obvious: As a result of a security breach at Equifax, one of the big three credit bureaus, personal information of 143 million Americans […]
Payroll tax scam resurfaces this tax season
Tax season is heating up and so are scams. The scams take different shape, but are all after one thing: Your money. The IRS and state tax agencies recently issued a warning about a W-2 email phishing scam that is becoming common for this time of year. The W-2 scam first appeared last year when […]
