Few things cause more concern than a letter in the mail from the Internal Revenue Service (IRS). Though the agency sends out letters or notices for many reasons, identity theft is one of the fastest-growing issues for the IRS.
This past month has been an unwelcome reminder that identity theft is on the rise. Target and Neiman Marcus are the two high profile retailers whose networks were breached over the holiday season; however, at least three other well-known smaller U.S. retailers were breached.
It's always good to know what to do in case lightening does strike and someone fraudulently uses your card. Left unchecked, they might try to run up bills, drain your checking account or worse -- steal your identity.