menu_open
Columnists Actual . Favourites . Archive
We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

The IRS Is Required To Protect Kids From Identity Theft. They're Not Complying.

2 1
yesterday

Social Security

Emma Camp | 12.16.2024 4:10 PM

Children are surprisingly frequent victims of identity theft—around 25 percent of them will experience identity fraud or theft by the time they reach adulthood. The consequences of bad credit caused by fraud are both steep and difficult to reverse. Thankfully, the government is required to alert child victims of identity theft. However, it is failing to meet these obligations, leaving easy paths for identity theft open.

The IRS is legally required to inform parents if their child's identity is being used to commit tax fraud. But according........

© Reason.com


Get it on Google Play