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Taxes, Scams and Identity Theft

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Unfortunately, tax season is a busy time for cyber criminals and scammers as well.

Once again it is tax time and this time of year also opens the door to identity theft and tax fraud. It has been a major problem for quite a while now.

In 2015, the IRS blocked 1.4 million fraudulent tax returns that would have amounted to $8.7 billion in stolen tax returns.

According to the IRS, “People continue to fall prey to clever cybercriminals.” These criminals trick you into giving them your Social Security numbers, financial account information and passwords.

Cybercriminals use several methods to steal your information. I will give you three ways that cybercriminals steal your identity. But, do not worry; keep reading for three tips to protect yourself this tax season.

Tax season is from January 1 to April 15 of each year.

read more at thespectrum.com

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