Welcome to Stop Identity Theft
Identity Internet Theft Article
Identity Theft - Impacting Your Taxes? By Richard Chapo If your identity is stolen, your finances can quickly become a nightmare. A less obvious problem is the effect identity theft can have on your taxes. Identity Theft Generally, thieves steal your personal data for the purpose of running up credit card charges or opening and abusing new accounts. A developing trend in the identity theft field concerns schemes impacting your taxes. Selling Social Security Numbers Identity thieves have created a new line of business – selling your social security number. Who would want to buy it? The list is surprising long, but undocumented workers, individuals with bad credit and people trying to obtain a new identity lead the list. This can create a huge problem for you since any income paid to those individuals is reported to the IRS as being paid to you. This results in the IRS having inflated income numbers and, often, audits when you “under report” your income. With the creation of the Real ID Act, better known as the National ID Card, things will only get worse. Under the Act, all workers will be required to submit social security numbers to obtain jobs. With our leaky borders, there will be a high demand for your social security number. False Tax Filings It doesn’t take much to file a tax return. What’s to stop an identity thief from filing one under your name to generate a refund? Nothing. To generate the maximum refund, you can be all kinds of frivolous deductions will be claimed. After all, it will be you that has to attend the audit. What Can I Do? If you receive a notice from the IRS that leads you to believe someone may have used your Social Security Number fraudulently, you should notify the IRS immediately. Indicators can be found in notices from the IRS that state: 1. More than one tax return for you was filed, or 2. IRS records indicate you received wages from an employer unknown to you. Don’t hesitate or be nervous about contacting the IRS. The agency knows this is a growing problem and not an “opportunity” to pound on taxpayers. About the Author: Richard A. Chapo is with http://www.businesstaxrecovery.com - recovery of business taxes through tax help and tax relief. Visit http://www.businesstaxrecovery.com/articles to read more business tax articles.
Identity Internet Theft Best products
Identity Internet Theft News
LifeLock Named "Best Overall" by Identity Theft Labs - MarketWatch (press release)
 KMOX.com | LifeLock Named "Best Overall" by Identity Theft Labs MarketWatch (press release) LifeLock Identity SDS helps to alert members to potential identity threats quickly by monitoring the Internet and non-credit related sources, including but ... Business news briefs Lifelock Dinged $12 Million for Deceptive Business Practices • Lifelock Agrees to Pay $12 Million to Settle Federal, State Charges |
Officials wary of identity theft during census - Arkansas News
Officials wary of identity theft during census Arkansas News “We didn't call it identity theft. That wasn't really a term then, but we have always had concerns about scams. People trying to take advantage of the ... |
US woman indicted on terror charges - BBC News
 Seattle Times | US woman indicted on terror charges BBC News ... material support to terrorists, conspiracy to kill in a foreign country, making false statements to a government official and attempted identity theft. ... LaRose Charged With Using The Internet to Help Terrorists Overseas Pennsylvania Woman Charged With Recruiting Violent Jihadist Fighters Jihad Jane Indicted in Pennsylvania for Murder Plot |
Seven charged in theft ring operation - FayObserver.com
Seven charged in theft ring operation FayObserver.com Six city residents and a Laurinburg woman are charged with 69 felonies, including identity theft, obtaining property by false pretense, conspiracy, ... Fayetteville police bust suspected ID theft ring |
Ford Intros Security Features to Protect Owners Personal Information - TMCnet
 TruckTrend Magazine | Ford Intros Security Features to Protect Owners Personal Information TMCnet Recent industry data reveals that more than 11 million people in the US were victims of identity theft and fraudulent accounts in 2009 where almost a third ... A New Frontier for Hackers: Your Car |
Good news for job-seekers: Openings rising - Minneapolis Star Tribune
Good news for job-seekers: Openings rising Minneapolis Star Tribune LifeLock Inc., an identity theft protection company that put its CEO's Social Security number on the side of its trucks, will pay $12 million to settle ... |