How to Avoid Identity Theft and its Tax Consequences

Biz2Credit HOW TO AVOID IDENTITY THEFT? Here are Some Quick Tips to Safeguard Your Tax ID • Avoid carrying your Social Security Card in your wallet • Don't give a business your Social Security $20 Number So what exactly is identity theft? Protect your financial information • Check your credit report for surprises • Protect your computer with a firewal and anti-spam virus protection Last year. IRS reported S20 bilon of fraudulene tax refunds Someone using your Social Security Number or Tax ID Number without your permission to file tax returns will be termed as identity theft. 200,000 Avoid giving any financial information over the phone Currenty over 200.000 ases under investigation