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Get Your Federal Tax ID Today

Posted by Gayle Kesten Friday, Jan 18, 2008, 11:03 AM ET

This Thank God It's Friday morning brings news of data lost on 650,000 J.C. Penney and other major retail customers.

As reported on bMighty.com, a missing computer tape includes the Social Security numbers of about 150,000 people. GE Money, which handles credit-card operations for J.C. Penney, has been notifying consumers and referring them to a call center set up to deal with the breach.

This latest breach underscores why it's so important for self-employed individuals to apply for a federal tax ID number and not give out their social-security numbers when conducting business. You can apply online, or by phone, fax or mail. Click here to learn more.

Interestingly, nowhere on J.C. Penney's site could I find corporate notifying customers of what's going on.

SmallBizResource




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