What you can do now to protect tax refund
Millions of Americans count on their tax refunds to pay down debt, save for the future and cover necessities such as groceries or utilities. So imagine filing your return, only to be told your refund has been paid to someone else. The IRS paid $5.2 billion to identity thieves last year, as bad guys took advantage of delays in W-2 reporting to swoop in on other people’s money, according to a recent Government Accountability Office report. Although employers are required to send W-2s to their employees by the end of January, companies don’t have to send copies to the Social Security Administration until the end of February…Read More
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