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If your social security number was breached, the best thing to do is to freeze your credit files through creating an account with one of the three consumer credit reporting agencies: Equifax ...
If the IRS doesn’t have any record of your tax return and the filing deadline has passed, you may receive a Letter 4903. ... Having your Social Security number associated with identity theft or ...
In 2015, Jay Jacobs, an analyst working on data breach reporting for Verizon, estimated that as many as 60% to 80% of all Social Security numbers in the U.S. had been compromised.
The Individual Master File (IMF) is the system currently used by the United States Internal Revenue Service (IRS) to store and process tax submissions and used as the main data input to process the IRS's transactions. It is a running record of all of a person's individual tax events including refunds, payments, penalties and tax payer status. [1]
Although the original purpose for the number was for the Social Security Administration to track individuals, [1] the Social Security number has become a de facto national identification number for taxation and other purposes. [2] A Social Security number may be obtained by applying on Form SS-5, Application for a Social Security Number Card. [3]
In 2012, identity theft was blamed for $4 billion of fraudulent tax refunds by the Internal Revenue Service (IRS) [8] and 770,000 taxpayers have been the victims of tax identity theft by 2013. [9] A public-private initiative by the IRS and employers in 2016 resulted in a 50% drop in incidents of taxpayer identity theft reports.
Make your contact list aware of the situation – While it may not be the easiest conversation, people in your circle should know your information has been hacked. If you have their information on ...
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