Tax season can already feel overwhelming, and the last thing you want is to worry about scammers trying to steal your refund or personal information. The good news is that a few simple, proactive steps can make a big difference in keeping your tax return safe.
One of the easiest ways to protect yourself is to file your return as early as possible. Fraudsters sometimes try to submit returns using stolen Social Security numbers before the legitimate taxpayer files. By getting your return in early, you reduce the window of opportunity for someone else to commit fraud in your name. Early filing also means that if there is a problem, you have more time to resolve it before tax deadlines.
Another effective tool is the Identity Protection Personal Identification Number (IP PIN) from the IRS. This is a unique six-digit number that verifies your identity when filing your tax return. If your return doesn’t include your IP PIN, the IRS will reject it electronically. Think of it like a personal password for your taxes—criminals can’t submit a fraudulent return without it. You can apply for an IP PIN through the IRS website by clicking on the “Get an IP PIN” tab.
Protecting your personal information is just as important. The IRS will never contact you via unsolicited emails, texts, or social media asking for personal or financial information. If you get a suspicious message claiming to be from the IRS, it’s best to ignore it and report it immediately. Also, avoid sending tax documents through unsecure email or messaging apps.
Action Steps to Reduce Tax Fraud Risk
- File your tax return early to block anyone else from using your Social Security number.
- Apply for an IP PIN on the IRS website for added protection.
- Protect your Social Security number and personal documents.
- Use strong, unique passwords and two-factor authentication on financial accounts and tax software.
- Work with reputable tax professionals and verify their credentials before sharing personal info.
- Review your return carefully before filing, checking income, deductions, and direct deposit info.
- Be alert for IRS impersonation scams and report suspicious communications promptly.
By following these steps, you reduce your chances of falling victim to tax fraud and identity theft. By creating layers of protection—filing early & using an IP PIN, you’ll help keep your personal information secure. These simple precautions can give you peace of mind and ensure your tax return is handled safely and accurately.
Did You Know?
Your employer sponsors this financial wellness benefit from Francis. The benefit connects you with down-to-earth financial planners who educate and advise on any money matters…without the sales pitch. We are exclusively engaged by employers like yours and have no investment products to sell, so you can feel confident that you will always receive objective advice.
Your financial planner will help you set priorities and achieve your money goals, without judgment or financial jargon. Know that all discussions are kept strictly confidential. This service is offered as an employee benefit with no per-session co-pays, so you can meet with a financial planner as often as you wish. Services are paid by your retirement plan or your employer.
Connecting with a financial planner is easy! Here’s how:
- Visit FrancisWay.com > Services > Participant Portal
- Call (866) 232-6457
Download the free mobile app (Search for Francis LLC)
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