Tax Returns and Your Identity: How to Protect Them - Part 2


        A recent survey said that, in the last year, 1 out of 4 people in America had their personal information stolen from what was thought to be a secure location. This can happen through business dealings or personal activities, so we need to be careful at all times. Never give your sensitive personal information when just calling to inquire about fees or the possibility of having a "tax preparer" file your Tax Return. This can lead to a false Tax Return being filed in your name and a Refund taken without your knowledge.

If you believe that this is your situation, please take decisive action and tell your bank or financial institution quickly. They have teams of hard working employees who will save your funds from thieves and keep your Credit Report intact. A review of your Credit Report every few months can bring to light any theft before it develops too far. Report fraudulent "tax preparers" to the IRS as soon as possible. They work very closely with the Department of Justice to combat these crimes.

This proactive and cautious approach can reduce the effect of Identity Theft or possibly prevent it certain situations. There are many dangers to be aware of, but there are also solutions that are in place, and being created to protect taxpayers from this growing threat. This path could be taken alone, but having help to guide your steps and make informed decisions could make journey less stressful. What do you think?

Comments

Popular posts from this blog

What is Fair in the Tax System?

What is the Educator Expense Deduction for 2023?

Internal Revenue Service to End Surprise In-Person Visits