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:

1. Stolen Information: Your Social Security number and personal details are obtained through various means, such as data breaches or phishing scams.
2. Filing a Fake Return: The thief uses your information to file a tax return early in the season, before you do.
3. Receiving Refunds: They claim a refund using false information, which can delay your legitimate refund.

Signs of Tax Identity Theft:

1. Receiving a notice from the IRS about a suspicious tax return filed in your name.
2. Problems e-filing your tax return because a return with your SSN has already been filed.
3. Unexpectedly owing additional tax or having collection actions taken against you for a year you did not file.

Protect Yourself:

1. File Early: Beat potential thieves to the punch by filing your tax return as early as possible.
2. Secure Your Information: Keep sensitive information like your Social Security number secure and be cautious of sharing it online or over the phone.
3. Monitor Your Accounts: Regularly check your bank and credit card statements for any unauthorized transactions.

What to Do If You’re a Victim:

1. Report It: Contact the IRS Identity Protection Specialized Unit at 1-800-908-4490.
2. File a Police Report: This may be necessary to resolve certain types of identity theft.
3. 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.