February 2, 2015
In an effort to help victims of identity theft, the IRS has issued approximately 1.5 million six-digit Identity Protection PINs (IP PINs) for taxpayers to use in filing their federal tax return. The IP PIN is a unique number that is assigned annually to victims of identity theft with resolved cases. The IP PIN is intended to help these individuals avoid delays in filing returns and receiving refunds. The IRS is continuing the program, which was piloted last year in Florida, Georgia, and the District of Columbia. In addition, the IRS is offering the program to approximately 1.7 million taxpayers for whom the IRS suspects identity theft on their accounts. For more information on combating identity theft, see www.irs.gov (search for identity theft).
According to the commission's online claims process, those whose personal information was exposed can opt for 10 years of free credit monitoring, which breaks down as follows: Four years via the three major credit bureaus (Equifax, Experian and TransUnion) and six years specifically through Equifax.
With all the tax law changes this year, be sure that you are getting your just deductions in the coming tax season. That is, qualifying deductions that fall under the Child and Dependent Care Credit. According to tax giant and trusted resource Intuit, here’s the skinny…
These days, we seem to have endless articles on IT security while traveling, but far fewer on physical safety. Because summer can be big travel months for many businesses, we put together the following list of tips to help keep you safe while away from home.