Posts Tagged ‘Social Security’

PostHeaderIcon Top 10 Things Every Taxpayer Should Know About Identity Theft …

Taxpayers need to be careful to protect their personal information. Identity thieves use many methods to steal personal information and then they use the information to file a tax return and get a refund. Here are 10 things the IRS wants you to know about identity theft so you can avoid becoming the victim of an identity thief.

1. The IRS does not initiate contact with a taxpayer by e-mail.

2. If you receive a scam e-mail claiming to be from the IRS, forward it to the IRS at phishing@irs.gov.

3. Identity thieves get your personal information by many different means, including:

  • Stealing your wallet or purse
  • Posing as someone who needs information about you through a phone call or e-mail
  • Looking through your trash for personal information
  • Accessing information you provide to an unsecured Internet site.

4. If you discover a website that claims to be the IRS but does not begin with ‘www.irs.gov’, forward that link to the IRS at phishing@irs.gov.

5. To learn how to identify a secure website, visit the Federal Trade Commission at www.onguardonline.gov/tools/recognize-secure-site-using-ssl.aspx

6. If your Social Security number is stolen, another individual may use it to get a job. That person’s employer may report income earned by them to the IRS using your Social Security number, thus making it appear that you did not report all of your income on your tax return.

7. Your identity may have been stolen if a letter from the IRS indicates more than one tax return was filed for you or the letter states you received wages from an employer you don’t know. If you receive such a letter from the IRS, leading you to believe your identity has been stolen, respond immediately to the name, address or phone number on the IRS notice.

8. If your tax records are not currently affected by identity theft, but you believe you may be at risk due to a lost wallet, questionable credit card activity, or credit report, you need to provide the IRS with proof of your identity. You should submit a copy of your valid government-issued identification – such as a Social Security card, driver’s license, or passport – along with a copy of a police report and/or a completed Form 14039, Identity Theft Affidavit. As an option, you can also contact the IRS Identity Protection Specialized Unit, toll-free at 800-908-4490. You should also follow FTC guidance for reporting identity theft at www.ftc.gov/idtheft.

9. Show your Social Security card to your employer when you start a job or to your financial institution for tax reporting purposes. Do not routinely carry your card or other documents that display your Social Security number.

10. For more information about identity theft – including information about how to report identity theft, phishing and related fraudulent activity – visit the IRS Identity Theft and Your Tax Records Page, which you can find by searching “Identity Theft” on the IRS.gov home page.

PostHeaderIcon Identity Fraud Hurts Children, Protect Yours Before It’s Too Late

Hundreds of high tech businesses are using the internet to find new ways to make money by stealing or selling new identities. By figuring out the system of assigning Social Security numbers, which is actually quite predictable, it isn’t hard to determine in advance which numbers are for children. They are then sold for up to a few thousand dollars each.

This is how they do it…

Companies find random Social Security numbers by taking advantage of public information and other widely used internet tools for harvesting unused numbers. “Clean” numbers have been double checked and are found to be active with the Social Security Department but not listed with the credit bureaus. These are the numbers in highest demand.

Thieves are not looking for numbers linked to deceased people, those are too easily flagged. It’s no accident that the newest victims of identity theft are also a “silent” group of individuals; our children, they don’t have credit histories and parents rarely bother to check their kids credit report.

The clean numbers are sold to individuals who are looking to “piggyback” on someone else’s credit. People using these new numbers are usually instructed not to include old phone numbers or addresses on any applications for credit, and to leave off any information that connects them to their old credit history.

Customers who buy these numbers are often made to sign complicated disclaimers that release the sellers of any liability, making it very difficult to prosecute anyone. The FBI claims this is the loop hole being used to prevent convictions.

The FBI says the only way to protect against this crime is to run your child’s credit report and to recheck it on a regular basis. It may be helpful to find an Identity Protection program; they claim your identity is “theft proof.”

Representatives for FICO point out that they too have tools available for protecting your credit and identity, but they are complicated and expensive. Make some decisions now to protect yourself, and your children from the newest type of identity theft.

Criminals are out there seeking to throw away your child’s future for the disposable credit they can get right now!

PostHeaderIcon Can I attach an extra pin number to my social security number to …

Golf Gal asked:

I have heard that there is a way to make it harder for credit cards to be opened in my name by adding a pin or something to my ssn. My mom has stolen my brother’s identity but he didnt press charges and now I am affraid that it will happen to me.. Is there something I can do to help prevent this?? Please help!

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PostHeaderIcon Identity Fraud Reaches New Highs As Thieves Reach New Lows

Would you Leave Your Back Door Open for a Thief? FBI Agents say that is exactly what is happening with Identity Fraud. We are allowing on line businesses to sell dormant, unused social security numbers to those who will run up huge credit card debt, with no intention of paying it back.

PostHeaderIcon Understanding Identity Theft, Social Security Numbers, and the Issues

Identity theft of Social Security numbers occurs for many two main reasons. The first is to use it purely for financial gain, and the second for fake documents. Your SSN is your most valuable personal asset.