As a society we continue to progress further and further towards becoming completely digital. Once attributed to the likes of sci-fi and the jetsons, acts such as depositing checks via cell phone and voice controlled cars are becoming common place. Along with advances in the digital lifestyle have come advances in digital crime. Identity theft remains at the forefront of digital crime. While advances are being made on a daily basis to combat identity theft, the fact remains that the criminals got a significant head start.
The IRS defines identity theft as when someone uses your personal information such as your name, SSN etc., without your permission, to commit crimes. In recent years we have seen more and more cases of personal information being used to file fraudulent tax returns. TaxSlayer.com has implemented a number of safeguards against fraudulent returns and monitor our system on a daily basis in an effort to detect any cases of fraud. In conjunction with IRs identifiers we are making significant progress against these criminals. With that being said fraud is always a possibility. You may not know that fraud has been committed until after the fact. In many cases these criminals will use your information to file a tax return as early as possible and will try to obtain a fraudulent tax return before you have even filed. Be alert to red flags such as IRS notices stating that more than one return has been filed, you have an unknown balance due from a year that you did not file, or the IRS shows wages from an unknown employer.
If you feel that you are a victim of identity theft contact the IRS immediately to begin the process of combatting the fraud. If you believe that you are at risk you can also contact the IRS has have them implement special safeguards. Always remember that at TaxSlayer.com we are always here to help as well. Remember, it always pays to be cautious. TaxSlayer.com maintains the strictest standards for making sure that your information is never compromised within our system and that is our guarantee to you.