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IRS Proposes Truncated Taxpayer Identification Numbers to Curb Identity Theft

Posted on January 4, 2013 by pogowasright.org

Michael Cohn reports:

The Internal Revenue Service has issued proposed regulations to create a new taxpayer identifying number known as the IRS Truncated Taxpayer Identification Number, or TTIN, that can be used instead of a Social Security number in response to the growing problem of identity theft-related tax fraud.

Read more on AccountingToday.

Category: Misc

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