Identity Theft Feed

You open the package expecting, well you don't know what, but probably not 500 cockroaches. That, however, is what happened to a mail thief. Crooks will steal just about anything. And criminals who focus on U.S. Post Office boxes tend to increase their activity around this time every year. The reason? Tax refunds. Tax-related mail theft: Every February, people are either getting refund checks from the U.S. Treasury or they're receiving tax documents they can use to file their annual federal and state returns. Either option is a crook's dream. The checks can be cashed. The tax statements' info can... Read more →


Your tax refund showed up in your bank account! Party time, right? Wrong. It's possible that the money isn't really connected to your filing. It could be part of a new tax scam that's appeared this filing season. And crooks are using even more chicanery to get the money that's in your account, from posing (once again) as Internal Revenue Service agents to pretending to be debt collectors (you knew this would eventually happen). But before this latest effort to steal your tax refund got to this point, it started with stealing your tax identity. Here's the tax tale in... Read more →


Dealing with taxes is tough enough, but when folks get the wrong information, things can go really bad really fast. That happens every filing season. Someone's uncle who works down the hall from a tax attorney says this. A neighbor's accountant brother says that. And, of course, there's the internet, probably the greatest single source of, to borrow a phrase, fake tax news. The 2018 filing season is in full swing; it officially opened on Jan. 29, with Free File taking submissions since Jan. 12. Most of the folks who've already filed did so because they're expecting refunds. With those... Read more →


With the official start of the 2018 tax filing season just more than a week away, folks have been collecting important tax statements they'll need to file their returns. Identity thieves, unfortunately, are among those looking for those documents, particularly W-2 forms that most filers use to report their wage income. That's why the Internal Revenue Service is urging everyone to be on guard against the return of the Form W-2 phishing scam that last year made victims of hundreds of organizations and thousands of employees. Costly employment-related tax scam: The W-2 scam has emerged as one of the most... Read more →


Some folks are taking seriously the traditional tax advice to start annual tax filing tasks early. Unfortunately, those folks are crooks. The Internal Revenue Service and its Security Summit partners in state tax agencies and the tax industry have announced that they're seeing early signs that cyber criminals already are working to infiltrate the tax process. Tax practitioners are the prime targets as the 2018 filing season's opening on Jan. 29 nears. Fraudsters are sending a new round of emails in which they pose as potential clients or even the IRS to trick tax professionals into disclosing sensitive information, according... Read more →


We did it! We made it through the wild ride that was 2017. It ended in a particularly chaotic fashion, with a major tax bill that was literally written on the fly even on its last day of Congressional consideration. via Giphy.com Studios Now it's time to hunker down for what 2018 has to throw at us on the tax front. However, before we dive head-first into the new year, I'm taking one of the 365 days, just like I did at the start of 2017, to list my top 10 tax stories from the previous year. These are not... Read more →


Federal law enforcement scored a major victory this year against an India-based ring of tax crooks who pretended to be Internal Revenue Service agents in phone calls to U.S. taxpayers. The last of 24 U.S.-based member of the international tax scam pleaded guilty on Nov. 13. That brought to a successful end the multi-agency effort that helped bring down the IRS impersonation scam that since it began in 2013 has stolen $61.6 million from duped victims. But, warned the Treasury Inspector General for Tax Administration, these crooked callers are not done. "This is the largest, most comprehensive investigation that TIGTA... Read more →


Experian credit reporting bureau replaces hacked competitor Equifax as supplier of taxpayer identity proof to Internal Revenue Service. Remember when credit reporting bureau Equifax was hacked? Sure you do because you probably were among the more than 143 million folks whose data, collected without your knowledge or consent, was exposed to criminals. Remember when the Internal Revenue Service had a deal with Equifax to tighten security processes used by taxpayers to get their tax information online from the agency? You probably do, since that no-bid Equifax-IRS contract got a lot of attention. Well, the IRS agreed to revisit that $7.25... Read more →


Today is Cyber Monday, the first post-Thanksgiving weekday when millions of shoppers go online seeking holiday bargains. It's also the start of National Tax Security Awareness Week. For the next five days, the Internal Revenue Service will focus on ways to protect tax and financial data during this hectic holiday season. Each day this week, the IRS and its Security Summit partners in state tax offices and the tax industry will focus on one issue that poses a threat to individuals and businesses. In addition to highlighting the issues, these groups will offer steps we can take to protect ourselves... Read more →


Nothing says Merry Christmas like the disembodied Santa head lights (click for a closer, clearer view) that brighten our fireplace hearth each holiday season. (Please ignore my reflected selfie!) And yes, this and other Christmas decorations are already, before Thanksgiving, up at our house! Ho, Ho, Ho! I know we've yet to celebrate Thanksgiving, but I can tell that Christmas is near, too. How? Well, in addition to having already decorated our house (interior only so far for us, but ho-ho-holiday lights are already on some of our neighbors' houses) for Santa's annual arrival, I'm getting the usual year-end flood... Read more →


If Halloween isn't scary enough for you, this October also has a Friday the 13th, which if you haven't looked at a calendar yet, is today. It's a terrible day if you're superstitious or suffer from paraskevidekatriaphobia. And making things even more frightening, the Internal Revenue Service has some terrifying news about tax scams. This week alone, the IRS has issued two warnings about tax-related identity theft schemes. First was the phishing attempt to hook tax pros by using the agency's e-Services as bait. Now there's a fake insurance tax form scam that's being used to access annuity and life... Read more →


Tax identity thieves apparently are paying close attention to official security moves that the Internal Revenue Service is making and using that information to create new schemes. The latest effort by crooks to steal taxpayer personal data comes in the form of a new phishing scam designed to steal tax professionals' passwords and data. e-Services is hook for latest ID theft effort: In an email alert sent this (Oct. 11) afternoon to tax pros, the IRS warned that this latest scheme tries to trick them into signing a new e-Services user agreement. The phishing email claims to be from "e-Services... Read more →


UPDATE, Oct. 13, 2017: Public and Congressional pressure, which included Sen. Sherrod Brown's (D-Ohio) letter to the Treasury Department urging it to review and potentially bar Equifax from consideration in any new or renewed government contracts, has paid off for opponents of the credit reporting bureau deal. The IRS announced, per an Oct. 12 report by Politico, that it has temporarily suspended the $7.25 million, no-bid contract it awarded to Equifax to verify the identities of taxpayers when they create accounts on the tax agency's website. Driver's license data was among the personal info that identity thieves obtained in the... Read more →


Former Equifax CEO Richard Smith is grilled Oct. 3 about the credit company's security breach by members of the House Energy and Commerce Committee. (Click image to watch full hearing on YouTube) Human error, specifically one human's error, is why 145 million of us are worrying about what crooks will do with the data that was stolen earlier this year in a data breach of Equifax. Richard Smith, the credit reporting bureau's former CEO, in testimony before House Energy and Commerce Committee today blamed the initial failure to patch a known security risk on a specific individual. He did not... Read more →


It seems a bit too little, too late, but the Internal Revenue Service is continuing its efforts to make it harder for identity thieves to get their hands on our tax documents. The IRS this week (Sept. 20) published a notice on its proposed regulations that would allow issuers of W-2 forms to truncate the recipients' Social Security numbers. The idea is that even if criminals get their hands on the earnings statements, they would be of less use since they wouldn't have workers' full tax identification numbers. Unfortunately for the IRS and the rest of us, the tax agency's... Read more →


Identity thieves got access to personal information on 143 million Americans by hacking into credit reporting bureau Equifax's data base in late July. If you have credit, you're screwed. Thanks Equifax. Equifax is one of three major companies that tracks the credit worthiness of American consumers. The other two are Experian and TransUnion. These repositories of how we pay, or don't, our bills are where lenders, landlords and even potential employers go for information before making decisions that affect our lives. Equifax also is where criminals went for all our personal data they need to steal our financial identities and... Read more →


Oh, Photoshop. What would the internet be without you? Sometimes, doctored images are welcome innocent examples of good humor. Other times they are cruel and divisive. And the astounding photos tend to skyrocket during times of tragedy and disaster. Take, for example, the photo below of what @Jeggit's Tweet says is a shark swimming in a Houston street flooded by Hurricane Harvey. Jeggit gives us the option to believe it or not. Go with not. It's fake. Mashable has the details on the original shark photo, which over the years has been seen in edited online images swimming through flooded... Read more →


I didn't win the $759 million Powerball lottery, but I just got word that I'm the recipient of the next best thing, $22.5 million from the federal government. I know this because Internal Revenue Service Commissioner John Koskinen emailed me the good news. Here's what the commish's notification said: from:Mr John Koskinen "www."@clock.ocn.ne.jp reply-to:Mr John Koskinen date:Thu, Aug 24, 2017 at 7:42 PM subject:FROM IRS COMMISSIONER MR. JOHN KOSKINEN FROM IRS COMMISSIONER MR. JOHN KOSKINEN U.S.A IRS Address:1111 Constitution Ave., NW; Washington, DC 20224 Greetings From The Internal Revenue Service United States of America. Your total funds worth $22.5... Read more →


Every computer user is familiar with the constant updates to software. So are identity thieves. And now these crooks are targeting tax professionals in a new phishing scam designed to steal usernames and passwords. The Internal Revenue Service and its state and tax industry Security Summit partners say that this latest impersonation scheme variant is a sophisticated scam designed to get information that can be used to file false tax returns and collect fraudulent tax refunds. It's the latest in a series of scams this summer that have targeted professional tax preparers. Software upgrade hook: This is the time of... Read more →


Alfred Hitchcock nailed it in his 1955 cat burglar-turned-romance starring Grace Kelly and Gary Grant. The pair teamed up, with Grant's character using his expertise as a former jewel thief, to catch a new criminal in the wealthy playground of Monte Carlo, Monaco. (Click film screenshot to watch the movie trailer on YouTube.) The Internal Revenue Service apparently is taking a hint from a Hollywood classic. It's thinking like identity thieves to catch identity thieves. That was among the messages from IRS Commissioner John Koskinen in July 25 media teleconference. Cybercriminals are showing increasing savvy and tax expertise, particularly in... Read more →