The IRS blocked nearly one million additional refund claims using other means. While not all fraudulent returns involve identity theft, many do. The IRS recently reported an inventory of more than 450,000 identity theft cases.
Tax-related identity theft typically arises when an identify thief uses the Social Security number of another person to file a false tax return with the intent of obtaining an improper refund. Identity theft can impose a significant burden on its victims who often must spend months trying to convince the authorities and the IRS they are victims of fraud.
One of the fastest growing crimes in America today is identity theft; in fact, according to the Federal Trade Commission, an estimated 9 million Americans have their identities stolen each year There are a number of different identity theft programs available. We recommend finding the right program for you and your business. Protect yourself and your company.