Showing posts with label IRS. Show all posts
Showing posts with label IRS. Show all posts

Thursday, January 31, 2008

Tax Time or Prime Time for Identity Theft


By now, most of you have received your W-2's and other tax reporting forms used in preparing your taxes. The question is: where are those forms kept in your home? Are they lying on a table top or somewhere anyone can see them? Or, are they in a locked box or file cabinet?

Your W-2's, and other IRS reporting forms, include your Social Security Number and, in some cases, financial account information. These numbers can be a gold mine for identity thieves. They literally can kidnap your identity: obtain a job, open up new lines of credit, access existing financial accounts or stock portfolios, get welfare, avoid a criminal history and generally create havoc in your life.

For the identity thief, tax time is a prime time of opportunity. With that in mind, the Identity Theft Resource Center(R) wants to remind consumers and businesses to be careful when handling tax-related documents and information.