If your identity is stolen,
louboutin pas cher, your finances can quickly become a nightmare. A less obvious problem is the effect identity theft can have on your taxes.
Identity Theft
Generally,
doudoune moncler pas cher, 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,
casque beats, 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 ?nder report?your income.
With the creation of the Real ID Act,
beats by dre, better known as the National ID Card, things will only get worse. Under the Act,
christian louboutin, all workers will be required to submit social security numbers to obtain jobs. With our leaky borders,
ralph lauren pas cher, there will be a high demand for your social security number.
False Tax Filings
It doesn? take much to file a tax return. What? to stop an identity thief from filing one under your name to generate a refund? Nothing. To generate the maximum refund,
casque dr dre, you can be all kinds of frivolous deductions will be claimed. After all,
ralph lauren, 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,
louboutin, 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,
polo ralph lauren, or
2. IRS records indicate you received wages from an employer unknown to you.
Don? hesitate or be nervous about contacting the IRS. The agency knows this is a growing problem and not an ?pportunity?to pound on taxpayers.
Richard Chapo is CEO of - Obtaining tax refunds for small businesses by finding overlooked tax deductions and credits through a free tax return review.
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A fifth hostage ran into the woods and was rescued by soldiers.
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A funeral for the four men was held Tuesday at the national cathedral in the capital, Bogota.