IRS to Limit Direct Deposit to Prevent Tax-Related Identity Fraud

The IRS is making changes in 2015 that aim to limit the number of fraudulent tax returns submitted. According to the Federal Trade Commission (FTC), tax- and wage-related fraud was the most common type of identity theft reported from 2011 through 2013. Identity theft is so common with tax refunds because people are able to steal social security numbers and use[...]