Protect Yourself from Tax Identity Theft and Fraud
Tax season is often stressful, but it can become a nightmare if you fall victim to tax identity theft or fraud. These crimes involve someone using your personal information to file a fraudulent tax return and claim your refund. Here’s how it happens and what you can do to protect yourself:
How Tax Identity Theft Occurs:
Stolen Information: Your Social Security number and personal details are obtained through various means, such as data breaches or phishing scams.
Filing a Fake Return: The thief uses your information to file a tax return early in the season, before you do.
Receiving Refunds: They claim a refund using false information, which can delay your legitimate refund.
Signs of Tax Identity Theft:
Receiving a notice from the IRS about a suspicious tax return filed in your name.
Problems e-filing your tax return because a return with your SSN has already been filed.
Unexpectedly owing additional tax or having collection actions taken against you for a year you did not file.
Protect Yourself:
File Early: Beat potential thieves to the punch by filing your tax return as early as possible.
Secure Your Information: Keep sensitive information like your Social Security number secure and be cautious of sharing it online or over the phone.
Monitor Your Accounts: Regularly check your bank and credit card statements for any unauthorized transactions.
What to Do If You’re a Victim:
Report It: Contact the IRS Identity Protection Specialized Unit at 1-800-908-4490.
File a Police Report: This may be necessary to resolve certain types of identity theft.
Consult a Tax Attorney: Seeking legal advice can help navigate the complexities of resolving tax identity theft and any resulting issues.
Don’t let tax season turn into a crisis. Stay vigilant against identity theft and fraud to safeguard your financial well-being. For personalized guidance on protecting your rights and resolving tax-related issues, contact the Lamarre Law Group, P.A. Our experienced attorneys are here to assist you. Visit our website or call (833) Lamarre today.