This is the way to avoid IRS and Tax Identity scams

There are endless ways to steal your money with new technologies, therefore, you need to be ready to face IRS scams

IRS and Tax Identity Theft - Canva

IRS just like any other Us government institution may have problems with scams. There are always evil people who want to pretend to be them and get what is yours illegally. Therefore, you need to learn about how scammers deal with Tax Id theft in order to prevent unpleasant events from happening. It is more than likely that someone you know might have fallen into one of these traps.

You may wonder what ID theft implies and when it takes place. Tax ID thieves manage to figure out and make use of your personal Social Security number. In this way, they can file taxes, and eventually, they will claim a tax refund. by doing so, they will benefit from getting your money from taxes. IRS warns employees that many of them are not aware of this ID theft.

There are many US citizens that do not realize that their Social Security number has been used. This does not happen until they try to file taxes and see they cannot do it. Many of them cannot believe their eyes and do not know what to do next. Others, get a letter from IRS warning them about this theft. This letter is the 5071c and surely enough you do not want to receive one.

What can you do if you receive one of these letters?

Whether you got the letter or you found out by yourself, you need to do these things. Call IRS at the number they provide you with. If not, you can opt for going to the Identity Verification Service.  Secondly, do not forget to fill in the IRS Form 14039, Identity Theft Affidavit. You can email it to IRS. You will have to pay your taxes as well as file your tax return. As you may not be able to do it online, you can do it on paper.

Steps to follow when there is an IRS Tax Identity Theft
Steps to follow when there is an IRS Tax Identity Theft – Canva

The last thing you need to do is to call or visit the closest taxation department. If you prefer it, you can call the comptroller’s office. They will advise you and tell you what to do next. For further assistance, you can call 1-800-908-4490. Besides, you ought to file a report with Federal Trade Commission. Calling Equifax, Experian or TransUnion would be helpful too. You can tell them to put a fraud alert on all your credit records. Check there are no accounts open without your consent too.

So as to prevent ID theft regarding IRS and taxes you need IP PINs. These are Identification Protection PINs which have six different numbers. IRS provides you with them in order to prevent scams from happening. If you had already suffered a scam, you must already have it then. the good thing is that you could easily get one whenever you want to. You can confirm your identity with it. So, do not forget to get it asap.

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