Tax related identity theft is a growing problem in our country. Tax return identity theft occurs when someone uses a legitimate taxpayer’s personal information to fraudulently file a return and claim a refund.
Fortunately, the IRS has taken the issue very seriously and is working to expand their screening process to help eliminate the filing of fraudulent returns.
However, it is still important for taxpayers to take precautions, be aware of warning signs, and know what to do if they become a victim.
Read more about how to better protect your identity here.
Tax related identity theft is only one of many ways a thief can use personal information to harm someone. Unfortunately, damage done can haunt a victim for many years, which is why it is crucial to act immediately. If you are a victim of identity theft and have questions or concerns, contact Zinner & Co. for professional assistance.