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In The News...
JUL 5 2024, CNBC Personal Finance, Kate Dore®
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Tax identity theft victims are waiting nearly two years for resolution and refunds from the IRS, the National Taxpayer Advocate reported last week. (Read Article)
- As of April, the agency had roughly 500,000 unresolved cases, up from 484,000 in September.
- However, the IRS is working on a “range of improvements” to address the issue.
July 3, 2024, CNN Underscored Money, Dori Zinn, Adam McFadden, Greg Garrison
Bank fraud is nothing new, but as scammers find new ways to steal information, unauthorized activity is growing. In 2023, more than 353 million people fell victim to identity theft, according to the Identity Theft Resource Center. Financial services, such as banks, are among the most targeted industries by fraudsters.
Discovering an unauthorized transaction on your bank account can be unsettling. It’s important to take action as soon as possible to report the fraud and open an investigation with your bank to get your money back and protect your account. (Read Article)
Stolen identity? Get help at IdentityTheft.gov
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