A 30-second read by Nicholas Scheibner: The week of January 29th – Feb 2nd has been designated “Tax Identity Theft Awareness Week.” The FTC (Federal Trade Commission) will be offering some free webinars and chats on this topic. To learn more about the free webinar offerings, click here.
According to the FTC, tax identity theft occurs when another person uses your social security number for the purpose of getting a job or a tax refund. You will usually know when you receive a letter or notice from the IRS saying that you filed more than one tax return or see on their records that you were paid by an unknown employer. To learn more, click here for the FTC’s article on Tax-Related Identity Theft. If you’re the victim of tax fraud, visit the IRS website.
On a related note – if you are interested to know how long you should be keeping your tax returns, please refer to our “What documents are safe to shred? What must I keep?” blog post.
Feel free to reach out to us for any questions.