We know that tax season is a stressful time for most filers. New tax rules, piles of paperwork and deadlines easily overwhelm people. For several years now as public awareness about tax-related identity theft has grown, fear about the possibility of accidentally becoming a victim has added to the annual stress. Click here to read or watch more IRS Help resources.
If you are worried that you might become a victim of tax-related identity theft, you have a legitimate reason for concern. Plenty of criminals use the valuable personal profile and financial data that is shared at tax time to file for fraudulent refunds, take out a credit card and personal loans and create false identities. These thieves access this data using a wide range of cunning techniques that are common to identity theft as a whole, including offline paper, electronic and online methods.
We did not design the below infographic to increase your stress. Instead, we want these 10 security tips to reduce it and related fear. Thieves know that it can take a while for the IRS and other organizations to catch up with filing errors and use this knowledge to their advantage. We’ve provided you with relatively simple methods for protecting your identity and finances this tax season.