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ID theft investigation stops $1.4B in tax refunds

A U.S. government crackdown on suspected identity thieves filing false tax returns stopped $1.4 billion in bad refunds from being sent out in calendar 2011, the tax-collecting Internal Revenue Service said on Tuesday.

Bogus IRS Email Turns More Sophisticated

Here we go again. About two weeks ago, I reported that a new version of bogus IRS email was making the rounds with a notice about EINs and Home-care Service Recipients. Now, there's another version - and this one may trap a few unsuspecting taxpayers since the wording is a bit more sophisticated ...

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