Identity theft is one of the fastest growing crimes nationwide, and tax refund fraud caused by
identity theft is a major challenge facing taxpayers. According to a Government Accountability Office report, fraudulent tax refunds were estimated at $5.2 billion for the 2013 tax filing season.
The New Jersey Society of Certified Public Accountants (NJCPA) offers the following advice to help you guard against tax return and other forms of identity theft.
What Is Tax Return ID Theft?
\”Identity thieves often use a legitimate taxpayer’s identity to fraudulently file a tax return and claim a refund. However, many individuals who are identity theft victims are unaware that their identities have been stolen to file fraudulent tax returns,\” says Margaret Van Brunt, CPA, Assistant Dean, Rohrer College of
This post was imported from a legacy archive. Please excuse any formatting inconsistencies.