Did you know that some IRS collection practices are categorized as ‘unauthorized,’ that is, prohibited? This means you do have certain rights and options for repayment when it comes to the IRS attempting to collect your federal taxes from you.
Were you aware of some of the more questionable practices by credit card issuers? I was surprised to find out what every credit card holder should know and even more surprised to find out what the new laws regarding credit cards do to protect consumers.
Find out what The Identity Theft Enforcement and Restitution Act is and what it offers as definitions of and penalties for identity theft.
In his second term as President, Bush has been criticized on major issues from the economy to the War in Iraq. While the focus has been on the “war against terrorism,” many Americans have fallen victim to the fastest growing crime in America, identity theft.
Since great strides were made during 2000-2006 on protecting, preventing and penalizing identity theft, but since then very little has been done on the federal level,. So what steps can be taken to keep up with this growing crime and ever changing technology that makes it easier to occur?
I will be talking more about this later, but companies, and business owners, need to be aware that they can held liable for compliance with laws that they may not even know exist.
This is something most business owners know (and some fear), but what you, as a business owner, may not know, is that you are required to be compliant with laws regarding your use, handling, and disposal of customer and employee information.
As this article snippet from Hometown News (kbtv4.tv) shows, an attorney general, or even individuals, can come after you for a variety of things if you don’t handle customer and employee information properly.