5 Identity Theft Facts That Will Terrify You
Identity theft was the number one consumer complaint at the Federal Trade Commission last year. So far in 2015, the data breach problem that drives so many identity-related crimes has gotten worse. The massive compromises at Anthem and Premera alone put a combined 91 million records in harm’s way.
Why Everyone's to Blame for Identity Theft
The other day a reporter asked me who’s to blame for the growing epidemic of identity-related tax fraud. I almost replied, “the government and the bad guys,” but I caught myself before committing to that inaccuracy. “We’re all to blame,” I said. I believe that breaches, and the identity theft that
Turbo Tax Data Breach: Scammers Filing Fake Returns
The FBI is investigating how fraudsters got Social Security numbers to file bogus state returns.
TurboTax Changes The Rules, Then Offers Rebates, Then Upgrades
If you watched the Super Bowl, you saw TurboTax’s 60-second ad , depicting the Boston Tea Party, only in this version, the colonists call off the protest when they learn they can file their taxes for free. It’s all part of TurboTax’s big marketing push depicting its tax filing software as a better
TurboTax Resumes State Tax Filing Service Nationwide After Fraud Concerns
Tax preparation giant TurboTax says it has lifted its suspension on processing state tax returns following reports of suspicious activity. TurboTax's announcement to suspend today followed a move this week by Minnesota's Department of Revenue to stop accepting tax returns submitted using TurboTax
The C-Suite Insider: Intuit CEO on Leadership, Except at Home
Brad Smith, P90X fan and CEO of software company Intuit, said there were two moments when he knew he was a leader. "First, it hit me coming up through karate," said Smith, who has a black belt. "When you hit a brown belt, you become a student-teacher. At that moment, it shifted my mind. It became
Retailers Sending Mixed Messages in Wake of 'Heartbleed' Bug Scare
The dreaded "Heartbleed" bug has prompted security experts to warn that information on approximately half a million websites may be vulnerable to hacking, but most companies are still standing by their statements that customer information is safe, including retailer Target , which was the subject
TurboTax Lobbies Lawmakers to Keep Tax Code Complicated
Tax Filing in Denmark, Sweden and Spain Takes 5 Minutes. Why Not in the U.S.?
A Tax on Arrows? Nuttiest New Taxes
Strange, unlikely, surreal: Take the tax codes of the 50 states, apply a magnifying glass, and here and there, hiding amongst the small print, are specimens that would amaze P.T. Barnum: A tax on fur, a tax on nudity; taxes on bagels (if sliced, but not if intact); on salt, pets, tattoos; on