The Federal Trade Commission (FTC) has begun their annual Tax Identify Theft Awareness campaign. This week, the FTC, the IRS, the Department of Veterans Affairs, and others will host free webinars and Twitter chats about avoiding tax identity theft and IRS impostor scams. If you’re a taxpayer, tax professional, service member, or small business operator, there’s an event for you. For more information on informational events, click here.
The best ways to avoid tax identity theft:
- File your tax return as early as possible.
- Use a secure internet connection if you file electronically, or mail your tax return directly from the post office.
- Know the IRS won’t contact you by email, text, or social media. If the IRS needs information, it will contact you by mail.
- Check your credit report for free at annualcreditreport.com to make sure there are no unauthorized accounts.
While it may seem like a hassle, simple precautionary steps like these can save you trouble in the long-run.