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All a thief needs is a taxpayer’s name, Social Security number, and birth date, and it’s that easy to file a phony tax return.
A Business Insider report quotes a CPA who says, “It’s all done electronically. You’re pretty much trusting the electronic system to act like a human, which of course we know that it can’t.”
That’s likely why the IRS named identity theft the no. 1 crime in its 2012 Dirty Dozen list last week.
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