Hopefully, you got your taxes in on time. However, even after you’ve filed your return, there’s one other thing you need to consider. Tax Refund fraud is on the rise. The IRS saw a 66% increase between 2012 and 2013 in identity theft-related criminal investigations. In Identity Theft Refund Fraud, a thief files a false tax return in your name and then collects a tax refund.
The recent Target security breach has everyone from Attorney General Eric Holder to state governments to business owners focused on consumer data security. Is your business taking the appropriate precautions to protect your customer’s data?