Here’s a million dollar question – Is the IRS doing enough to fight identity theft? If you have never been a victim of identity theft, you might answer ‘Yes’. But if you have been a victim before, you would probably say a resounding ‘No’. Click here to read or watch more IRS Help resources.
I just read about a woman whose family fell prey to identity theft. You might think that she was careless or fell prey to some elaborate phishing scam but no, she apparently did nothing any other taxpayer would not have done. Yet her family’s Social Security numbers were compromised.
What could be the cause? More importantly, how can it be prevented?
One contributing factor is the fact that despite the government’s directive that all businesses and organizations restrict their requirement for Social Security numbers for personal identification, the IRS continues to insist on identifying taxpayers by their Social Security numbers. This widespread exposure of Social Security numbers allows con artists to siphon out your numbers almost at will.
Read more about how the IRS is not stopping fraudulent identity theft.