As we head into tax season it is important to prepare your documents for filing and be alert to red flags of fraudulent practices and possibility of tax identity theft. Tax ID theft is when a tax return is fraudulently filed using another person’s information—like a social security number—to get a refund from the IRS or claim a dependent. Better Business Bureau of Central New England advises consumers to educate themselves on this common form of identity theft and has tips to help you spot the red flags.
“You may not be aware of an issue until you have been contacted by the IRS. Which makes this scheme hard to detect,” said Nancy B. Cahalen, President and CEO of the Better Business Bureau of Central New England. “It’s always good practice to keep your personal information secure and know that there are resources available if you think you are a victim of this type of identity theft.” Tax identity theft victims typically find out about the crime when they receive a letter from the IRS stating more than one tax return was filed in their name. BBB has tips to help you avoid falling victim to this crime:
If you receive a letter from the IRS, don’t panic. Contact the IRS Identity Protection Specialized Unit at 800-908-4490.