Tax Refund Identity Theft: What You Need to Know

As another year comes to an end and we prepare our tax returns, the IRS and other government officials are preparing for an increase in tax refund identity theft. In 2011, the IRS missed over 1.1 million fraudulent tax returns and paid out over $3.6 billion in fraudulent tax refunds. Fortunately, this year they're taking more precautions to protect taxpayer identities. Even with these precautions, it's important for you to know how to protect yourself from becoming another victim of tax refund identity theft.Original Article

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