A decade ago, few of us had heard of identity theft. Now, most of us know someone who has been a victim. And of course, a large portion of ID theft affects tax preparers and taxpayers directly, since tax refunds are a huge target of identity thieves.
“The IRS has been paying out between $3.6 billion and $4 billion in inappropriate refunds every year,” said Adam Levin, former director of the New Jersey Division of Consumer Affairs and co-founder of both Credit.com and Identity Theft 911.
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