Wednesday, June 1, 2011

Taxpayer identity theft is soaring

WASHINGTON – Imagine filing your tax return and learning that someone else got your refund. With your name and Social Security number, no less.
The IRS is grappling with a nearly five-fold increase in taxpayer identity theft between 2008 and 2010, a Government Accountability Office official plans to tell a House hearing Thursday. There were 248,357 incidents in 2010, compared to 51,702 in 2008.
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