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LifeLock CEO Offers IDT Service to IRS

Identity theft protection company LifeLock is reaching out to the Internal Revenue Service and offering technology to protect taxpayers against the threat of tax fraud. Congress has been holding hearings to investigate the growing trend of identity thieves stealing...

ID Thieves Targeting Our Kids!

It all began with a credit card application. “My first application came back denied,” Olivia McNamara remembers. “I tried another bank, but that one came back denied, too.” A recent high school graduate, McNamara was trying to establish a...

IDT Lead to Increased Tax Fraud

The IRS receives 100 million tax returns per year, and so far this year, 2.6 million cases of fraudulent returns have occurred Tax fraud is on the rise, especially in the state of Florida where cyber criminals are posing as other people and taking advantage of their...

The Case for Investing in the IRS

This past weekend’s New York Time’s cover story describing the dramatic rise in identity thieves targeting the United States Treasury is old news to tax practitioners. In my January 25, 2012 post, I discussed the National Taxpayer Advocate’s lament regarding the...

Virginia Police Law Enforcement Tackle IDT

Virginia Police Law Enforcement to Tackle Identity Theft Issues TEMPE, Ariz., May 31, 2012 (GlobeNewswire via COMTEX) — The internet has changed the way we learn, shop, socialize and do business, but it is also another avenue for crooks. According to a May...