Victim of a Tax Related Identity Thief?

Tax Related Identity Thief with the IRS

Tax related identity theft is increasingOn May 16, a bipartisan bill was passed by the House of Representatives, HR 3832, in an attempt to deter a tax related identity thief. The bill provides for several new defensive programs and measures that will hopefully impede efforts by identity thieves.

Following is a brief outline of the bill:

    1. An office within the IRS will be created as a contact point for victims of identity thieves.

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Identity Theft – Be Very Careful

Don’t Get Caught By an Identity Thief – You Can’t Afford It

Identity theftIt seems like the number and different types of scams increase in direct proportion to the percentage of downturn in the economy. It’s either that, or we’re raising a generation of individuals with no scruples or concern for others. Just about every day, we hear of individuals who have been the victim of identity theft and the absolute mess it has made of their lives.

There are so many ways that these criminals can get access to your personal information, it’s enough to make one shudder. Unfortunately, identity theft is one of the fastest growing crimes in this country, however, there are a few steps that you can take that will deter them somewhat, or at least slow them down.

In 2011, there were in excess of 11,000,000 (read this eleven million) cases of identity theft in the United States with an estimated loss of $56,000,000,000 (fifty six billion dollars) When you hear what age group is hit the most and also loses the most, you may have a hard time accepting it. You, as I did, assume that senior citizens would be targeted the most, but that’s not the case…it’s the 18 to 24 year age group. They are online more and it takes them longer to realize that they have been victimized.

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