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  #1  
Old 11 January 2010, 08:49 PM
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snopes snopes is offline
 
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Computer U.S. tax return processing outsourced to India

Jan 10 2010 fox news report
it was reported on fox news today. Our irs tax forms are being sent to
india to be processed for cheap labor. This gives an india accounting firm
full access to information you don't even share with your own family
members. Your social security number, your birthday, how much you earn and
from whom, who you pay your house payment or any mortgage payments to,
your banking information - even the account numbers. In other words, you
become an open book to an over seas company. Now, if you didn't feel
secure before this should add fuel to the flame. What else can we do to be
more vulnerable?
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  #2  
Old 11 January 2010, 09:08 PM
Steve Eisenberg Steve Eisenberg is offline
 
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I don't know about the FoxNews part, but, yes, the IRS does process the tax returns in India.
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  #3  
Old 12 January 2010, 01:46 AM
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WildaBeast WildaBeast is offline
 
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As I mentioned in a thread in the SLC forum, I'm going to India soon. I was somewhat amused when I discovered India actually outsources their visa application processing for US passport holders to an American company.
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  #4  
Old 12 January 2010, 03:10 AM
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Wolf333 Wolf333 is offline
 
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Actually, if I were married, I most likely would share all of that information with at least one family member.
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  #5  
Old 12 January 2010, 03:22 AM
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AnglRdr AnglRdr is offline
 
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Quote:
Originally Posted by Wolf333 View Post
Actually, if I were married, I most likely would share all of that information with at least one family member.
Especially since that family member would have to co-sign the return.
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  #6  
Old 12 January 2010, 09:43 AM
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Floater Floater is offline
 
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Quote:
Originally Posted by snopes View Post
This gives an india accounting firm
full access to information you don't even share with your own family
members. Your social security number, your birthday, how much you earn and
from whom, who you pay your house payment or any mortgage payments to,
your banking information - even the account numbers. In other words, you
become an open book to an over seas company. Now, if you didn't feel
secure before this should add fuel to the flame. What else can we do to be
more vulnerable?
And this differs from giving the same information to a US accounting firm in what way?
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  #7  
Old 12 January 2010, 09:57 AM
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Squirt Squirt is offline
 
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Quote:
Originally Posted by Floater View Post
And this differs from giving the same information to a US accounting firm in what way?
Duh, everyone knows foreigners are inherently untrustworthy.
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  #8  
Old 12 January 2010, 10:23 AM
Zachary Fizz Zachary Fizz is offline
 
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Quote:
Originally Posted by Floater View Post
And this differs from giving the same information to a US accounting firm in what way?
Quote:
Originally Posted by Squirt View Post
Duh, everyone knows foreigners are inherently untrustworthy.
I think that there have been a number of data theft scandals involving Indian companies; I know of a number of entities which prefer not to entrust sensitive information to Indian-domiciled service providers. So I could understand why people might be concerned.

A quick google search comes up with these items:

Bangalore based outsourcing center in the middle of a data theft scandal - can India be trusted with business data?

New data theft scandal rocks subcontinent's call centres

Medical records sale scandal is 'data, not outsourcing issue'

Travelocity India accuses Cleartrip CEO of data theft; Cleartrip denies charges

Large scale data theft of U.S. information uncovered in India

Police probe corporate data theft case

Acme Telepower decides to quit India, Reason: Data theft and government's ignorance
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