identity theft - Herman & Co. CPA

ADP W-2 data hacked in latest breach

By Bankrate Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! Identity thieves have their hands on a new batch of personal and tax data after hacking the payroll outsourcing company ADP. The information is from W-2 forms, the documents…

Congressman shares tax ID theft story

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Bankrate No one is safe from tax identity theft, not even the lawmakers who help write the country’s tax laws. Another member of the House Ways and Means Committee has…

‘False’ fraud filters delay IRS tax refunds

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Bankrate The Internal Revenue Service is walking a thin line in trying to simultaneously screen for potentially fraudulent tax returns and issue refunds to rightful taxpayers. Sometimes, says the National Taxpayer Advocate,…

IRS Acknowledges Identity Protection PIN Blunder

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Tax-News The US Internal Revenue Service (IRS) has admitted that, due to an error, individual taxpayers are receiving Identity Protection Personal Identification Number (IP PIN) letters with an incorrect tax…

IRS will share tax-filing info to fight identity theft

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Bankrate When taxpayers hear that their tax information will be shared, they generally freak out, and with good reason. Almost daily we learn of some hacking incident in which personal data is…

Tax-Related Identity Theft Is Exploding – What Is The IRS Doing And What Can You Do?

While identity theft continues to present a great burden to businesses, organizations and governments including the IRS, it’s individual victims are left to bear the lions share. In the past few years tax-related identity theft has become rampant. Tax-related identity theft occurs when someone uses your personal information including your social security number to file…

Thieves Access IRS Get Transcript App, 100,000 Accounts Compromised

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By AICPA The IRS announced on Tuesday that criminals have used taxpayer-specific information to gain access to approximately 100,000 taxpayers’ accounts through the IRS’s Get Transcript online application and steal those…

IRS Seeking Taxpayer ID Verification

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Bankrate.com Some people are getting an Internal Revenue Service notice asking them to confirm they are who they say they are on their tax returns. Don’t freak out. Letter 5071C is not…