Memorial Day weekend was a busy one for me, with calls from banks and clients investigating and asking about potential fraud. First I got a call from someone at Citibank asking about some checks that were presented for large sums on a client’s account. They wanted to know if they… Continue Reading..
The following alert is republished from an IRS webpage that can be found here. Taxpayers need to watch out for identity theft especially around tax time. The IRS continues to aggressively pursue the criminals that file fraudulent returns using someone else’s Social Security number. Though the agency is making progress… Continue Reading..
I try to be as comprehensive as possible with my posts, but the fact of the matter is that I often find out more on a topic after I’ve written about it. Tax fraud, in particular, is a vast and sprawling criminal industry in which innovators are constantly perfecting their… Continue Reading..
In a cloak-and-dagger caper reaching from Eastern Europe to the Virginia suburbs of Washington, DC, the nation and the world witnessed the most highly publicized case of phishing ever to come to light. It was during last year’s presidential campaign when 10 years of emails from Hillary Clinton’s campaign chairman,… Continue Reading..
One of my clients is actually two people: a husband and wife team who each have a physical disabiIity. As a result, they have come to depend on home health aides to help them with their medical One of my clients is actually two people: a husband and wife team… Continue Reading..
Tax Fraud Alert: Recently reports have begun to trickle in about taxpayers receiving IRS Letter 5071C. Letter 5071C is a standard letter issued by the IRS when it needs taxpayers to confirm personal information. If you receive Letter 5071C, there will be contact information for the agency’s new Identity Verification… Continue Reading..
Many people make charitable contributions at the end of the year for tax purposes, and many simply want to do good. Which of these people are you encouraging your children to become? The incentive-based, quid pro quo motivations for charity are ideally suited for younger children. When all they can… Continue Reading..
Being vigilant about your privacy is a necessity in today’s world, and nothing is more important to protect than your Social Security number. Unfortunately, many businesses - and the federal government - are not as careful with citizens’ numbers as they should be. While colleges and universities have ceased using… Continue Reading..
Imagine falling through the cracks. It’s a scary feeling to find yourself in, especially if you are in a foreign country. But that’s exactly what happened to my friend Jane -- not her real name. She was abroad during a recent vacation when the ramifications of identity theft reared their… Continue Reading..
Last week I found myself, once again, wading through page after page of insurance policies in an effort to understand where a peculiar debit came from in a client’s bank account. An older gentleman, this client already had a history of being scammed. In fact, he only became my client after having… Continue Reading..