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What to do?
With tax-related identity theft skyrocketing, and over a third of tax returns being filed in the last few weeks of tax season, a huge number of taxpayers can expect to discover soon that someone has stolen their ID and filed a bogus tax return in their name.

The question is, what to do then?

Recovering from ID theft is difficult, but not impossible, according to Trenda Hackett, who spent 15 years as a revenue agent at the IRS and is now a technical editor/author of PPC products for Thomson Reuters Checkpoint – but taxpayers need to get to work right away on implementing the steps she lays out here.

(You can see a text version of this story here.)