Analyzing the 1% – Program Nr. 15: The Real Terrorists of Humanity a/ A study of a small group of multi-billionaires who are perturbing all the nations of ou…
Sequestration and Alamance seniors
Through the federal sequester, Congress has dealt a serious blow to Alamance County's frail, vulnerable older adults with chronic illnesses who rely on a home-delivered meal, a ride to a medical appointment, or in-home aide to help with simple …
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Bob Kasten Works Internationally in DC | Life After Congress
“But more importantly for me, it's put me where the embassies and the ambassadors and the [International Monetary Fund] and the various multilateral banking groups I'm trying to work with are located,” he said. Kasten's investment work takes him to …
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OBAMA PRODS CONGRESS ON EMBASSY FUNDS
“I want to say to members of Congress in both parties, we need to come together and truly honor the sacrifice of those four courageous Americans and better secure our diplomatic posts around the world,” Obama said at a Rose Garden news conference with …
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Founder of TechCrunch Disrupt Award Winner, MobilePayUSA and Mobile Wallet Media, Solves The 5-Billion Dollar a Year US Tax Refund Fraud Problem and Identity Theft Too!
Orange County, CA (PRWEB) April 30, 2013
The 5-billion dollar a year problem of tax refund fraud may soon be history if a solution invented by Randy Smith, Chief Editor of Mobile Wallet Media, is built for use by the IRS and states to protect our tax dollars.
A recent article by Forbes summarizes the growing problem of tax return fraud:
The numbers are staggering. According to Congress Government Accountability Office, the IRS detected 642,000 cases of identity theft in the first nine months of 2012, up from 242,000 in all of 2011. The Treasury Inspector General for tax Administration estimated in July that 1.5 million bogus returns claiming $ 5.2 billion in refunds are getting through a year. Regardless of the exact number, the fraudsters are exploiting the fact that the IRS doesnt process the W-2s and 1099s it gets for taxpayers until well after it pays out refunds.
Mr. Smith, who launched his career in mobile payments as the primary founder of TechCrunch Disrupt Award Winner MobilePayUSA, states The solution to prevent tax refund fraud came to me after inventing a solution to end most all ID theft. It works like a safety deposit box protecting your tax refund and our tax dollars.
This solution would be very simple to use for both tax return filers and the IRS. Heres how the Tax Refund Vault would work:
Step 1) Tax filers login to IRS site through their online bank or while at a bank branch (banks have already verified their customers identification and make the perfect distribution and security channel a knowledge based questionnaire could also be performed by credit bureaus for those without bank accounts or used for secondary fraud screening).
Step 2) Filers select a form to file.
Step 3) Filers are asked to enter numeric values of 3- 5 fields from their prepared tax return (the software program generates 3-5 fields that must be filled out for this form, are numeric and unique in value for each form).
Step 4) Filers file return via e-file or regular mail.
Step 5) The IRS would not process a tax return or refund that has not been registered through steps 1-4 or does not match up with the one received in comparison to steps 1-4.
Smith continues This solution places your tax refund into a Virtual Safety Deposit Box. Once the software is developed and banks have connected to the solution via API, all tax returns will be protected without requiring signup by users. To unlock your refund and begin the processing of your tax return, one simply logs into their online bank or visits their local branch. This solution leverages bank security and authentication abilities to prevent tax fraud. This solution would likely require a congressman or senator to draft and present a bill, but if the mainstream media reported upon this solution it would definitely pave the way for it to become law.
Smith shared a bit about his solution to prevent ID theft:
The MyCreditVault solution would enable consumers or businesses to use their mobile phones to turn on and off or lock and unlock any of their financial accounts in real-time. To prevent card fraud, the system would work automatically using a mobile phones GPS or manually by setting parameters for use by zip, area or country code.
The MyCreditVault system would make stolen credit, debit or social security numbers useless in hands of cyber thieves. If a consumer has their card turned off and a thief attempts to use their stolen card or card data, the transaction would be denied. If a thief attempts to apply for a loan or credit card, a credit file will not be issued unless the consumer grants permission for a bank to receive the credit file. If the bank does not receive a credit file they will not grant a loan and ID thieves are thwarted.
To learn more watch this 2-minute video, or visit MyCreditVault.com or TaxRefundVault.com.
A concrete proof of the Catholic vote
I will agree with their assessment only with regards the candidates of the Kapatiran Party, which many church groups supported. But remember there were other candidates that the Catholic groups like the White Movement or El Shaddai or Lay Initiatives …
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Debt ceiling: Treasury starts juggling act
Isn't it time for congress to go on another paid vacation? They are working so hard at doing nothing. I asked my boss if I could do that. He said sure, but don't worry about coming back, he will just put my pink slip in the mail. May 17, 2013 03:27 pm …
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High Society at Congress
Cole Porter's timeless classic High Society will be at the Congress Theatre from June 18-22 in a dazzling new production from the acclaimed producers of The King and I. The cast includes Michael Praed (Robin of Sherwood and The Sound of Music) who …
Read more on Eastbourne Herald
“Did a corporation end slavery, or did the *government* end slavery?!?!” That’s the sort of question investment guru and radio show host Peter Schiff fielded…
Video Rating: 4 / 5
http://TheFrankFactor.com Without life, the pursuit of happiness and liberty is impossible. They Dump the Sick to Satisfy Investors: Insurance Exec Turned Wh…
http://www.youtube.com/watch?v=8XFyHvjc5Eo “Assault Weapons Ban 2013; A Stacked Deck” by tnoutdoors9 http://www.youtube.com/watch?v=JDglpt8hpyg AWB 2013 by S…
Video Rating: 4 / 5
Seattle WA (PRWEB) April 17, 2013
Seattle and Munich (April 17th, 2013) Visualant, Inc. (OTCBB: VSUL), an industry-leading provider of light-based identification and diagnostic solutions, announced today that it will bring its innovative ChromaID technology to one of the worlds foremost photonics tradeshows, Laser World of Photonics. Visualant will demonstrate its ChromaID technology for the first time in Europe at booth C2/657 at the Laser World of Photonics in Munich, Germany, taking place on May 13th-16th, 2013.
The Laser World of Photonics is one of the largest photonics shows in the world with more than 29,000 attendees, 1,100 exhibitors and participants from 65 countries. This makes it a focal point for new technologies and provides a unique opportunity for Visualant to share and socialize the ChromaID technology for industrial, commercial and consumer applications and markets throughout Europe.
The Laser World of Photonics show strengthens the link between science and industry and functions as a vital catalyst for both business and ideas to be fostered, said Ron Erickson, President and CEO. Visualants ChromaID technology is a disruptive offering. Participating at this event will help us garner mindshare in the marketplace and fortify our business development efforts as we address the demands for our technology across Europe.
After being awarded the highest recognition in advanced photonics, the Prism Award, at the SPIE Photonics West show in San Francisco last February, the company is entering into a broader marketplace with its proprietary ChromaID technology, whose potential and different applications will be demonstrated during the forthcoming Laser Show in Munich.
Meeting every two years since 1973, the World of Photonics Congress showcases the entire range of photonics, from science to practical applications, as it brings together the international photonics and laser community in Munich.
To discuss development opportunities or to arrange to see an in-depth demo of ChromaID technology at the upcoming Laser Show in Munich, please contact Vice President of Business Development, Todd Sames at todd.m.sames(at)visualant(dot)com.
About Visualant, Inc.
Visualant is a public company whose shares trade under the stock symbol, VSUL. The Visualant Spectral Pattern Matching technology directs structured light onto a substance, through a liquid/gas, or off a surface, to capture a unique ChromaID. When matched against existing databases, a ChromaID can be used to identify, detect, or diagnosis markers invisible to the human eye. ChromaID scanner modules can be integrated into a variety of mobile or fixed-mount form factors. The patented technology is disruptive, making it possible to effectively conduct analyses in the field that could only previously be performed by large and expensive labbased tests.
Visualant has a Joint Development Agreement through December 31, 2013 with Sumitomo Precision Products Co., Ltd. (“SPP”), which focuses on the commercialization of the SPM technology and an ongoing License Agreement providing SPP with an exclusive license of the SPM technology in identified Asian territories. For more information, visit http://www.visualant.net.
Sumitomo Precision Products Co., Ltd. is publicly traded and has operations in Japan, United States, China, United Kingdom, Canada, and other parts of the world. Additional information on SPP is available at http://www.spp.co.jp/English/index2-e.html.
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I never seizes to amaze me the level of stupidity coming out from this so called educated people in the media and the People Elected into office. Sometimes I…
Covington, GA (PRWEB) April 16, 2013
Global advancements in materials and manufacturing featured at The 2013 European Coatings Show and Congress are finding their way to the latest composite decking materials, according to Shae Brown, senior chemist at NyloBoard, LLC, who recently attended the Show in Nuremburg, Germany. NyloBoard produces NyloDeck
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