As management advisors, we strive to keep our readers informed, educated and in-step with the latest news surrounding business and personal cyber security. Knowlege is power -- and we are fortunate to receive many pieces of communication each day from credible agencies that help us guide you. 

Today, we share insight from the AICPA’s National CPA Financial Literacy Commission's latest news. 

ax-Related Identity Theft 

First of a three part series

As part of the continued crackdown on refund fraud and identity theft, the Internal Revenue Service today released the Top 10 Identity Theft Prosecutions for Fiscal Year 2015. These prosecutions are part of the wide-ranging strategy to combat refund fraud and assist taxpayers through detection, prevention and resolving identity theft cases in a timely manner.

From: IRS.gov

With the recent news regarding the data breach at Cleveland's RITA, many have inquired as to what proactive steps can be taken to reduce the risk of identity theft or, as in the case of a company breach, what steps should be taken to remedy any damages that could occur or may have already occured. 

Our CPAs and management consultants are ready to help.

First, download our FREE Identity Theft Guide, What To Do If Your Identity is Stolen, next, read 7 Ways to Protect Yourself from Identity Theft  and finally, contact us to learn how we can help you build a solid--and safe--financial foundation. 

On October 1, the landscape of fraud liability for credit card transactions changed significantly. Simply, businesses are now liable for fraudulent charges if or when a customer uses the EMV (Europay, MasterCard & Visa) chip-based card AND fraud still occurs AND that business did not upgrade their payment system. 

Identity thieves cannot steal what they cannot find.  While you may never be able to “hide” or protect all of your personal, financial information from getting out there, there are a number of simple ways to limit the exposure of your information.  The Federal Trade Commission says there are four main ways to help protect yourself against identity theft.