Dealing With Tax Identity Theft

It's tax season. Identity thieves have created more than 1500 different tax scams being sent out in hundreds of thousands of tax scam emails, according to the Internal Revenue Service (IRS).

In an effort to protect citizens from identity theft, the U.S. Government is working to identify ways to authenticate taxpayers without the full use of their Social Security number. In May of 2007, the Office of Management and Budget, issued Memorandum M-07-16: Safeguarding Against and Responding to the Breach of Personally Identifiable Information. The memorandum requires all federal agencies to take steps to eliminate or reduce the use of SSNs in order to protect citizens from identity theft.

In the video, Northeast Cobb CPA John Miller explains what tax identity theft is and how to deal with it in case you are a victim.