The Government Accountability Office (GAO) in Washington D.C. has reported that the federal Internal Revenue Service has seen nearly a five-fold increase in taxpayer identity theft between 2008 and 2010.
In its news account of the GAO report, the Associated Press reported that there were 248,357 incidents in 2010, compared to 51,702 in 2008.
Massachusetts DOR has seen a relatively small number of known identity theft cases in tax year 2010, and has posted on its website advice and guidance on how to deal with tax identity theft should it occur.
As the AP reported, typically, tax identity thieves submit tax returns for refunds early in the filing season. The legitimate taxpayer whose identity has been stolen usually files later, and only then learns from the tax agency that a return has already been filed using the same Social Security number.
The IRS has established a website, www.STOPFRAUD.gov, which instructs taxpayers on what to do if they suspect identity fraud.
This story from Reuters also explains why the difficulty tax agencies have in preventing identity theft.
EITC – Helping Low and Moderate Income Families in MA posted on Jan 29
EITC, also known as the Earned Income Tax Credit, has been helping low to moderate income families in Massachusetts and across the country for over 40 years. In recent months, Governor Charlie Baker and members of the Legislature have worked hard to ensure that working …Continue Reading EITC – Helping Low and Moderate Income Families in MA
DOR Homepage gets a facelift posted on Jan 14
Today, DOR unveiled a brand new homepage intended to making it easier for taxpayers to find what they’re looking for when it comes to filing and paying their state taxes. DOR’s communications team used consumer insights and online analytics to better understand how taxpayers use the site, …Continue Reading DOR Homepage gets a facelift
Did You Know Home Heating Oil is Mass Sales Tax Exempt? posted on Jan 14
In preparation for the winter months, we want to remind you that home heating oil is exempt from Massachusetts sales tax. This winter season, DOR wants you to be prepared. Here’s what you need to know when purchasing your home heating oil: Who is exempt …Continue Reading Did You Know Home Heating Oil is Mass Sales Tax Exempt?