It’s the time of year when we scramble to gather our W-2s to file taxes before the April 18 individual income tax deadline. As you gather important paperwork, remember it is vitally important to keep this information safe from identity thieves.
How can you prevent an identity thief from stealing your refund? We are so glad you asked.
- Be aware of impersonators. Don’t give personal information over the phone, through the mail, or on the Internet unless you are sure you know with whom you are dealing.
- Store your personal information and financial documents in a safe place. Avoid carrying your Social Security card and keep financial documents in a secure location.
- Safely dispose of personal information. Shred receipts, bank statements, checks, and other documents with personal information when you are done using them.
- Check your credit report annually. You can check your credit report every 12 months for free by contacting the three credit report agencies – Experian, Equifax, and Trans Union.
- Protect your personal computers. Use firewalls and anti-spam/virus software. Update security patches to keep your personal information safe online.
Remember, identity thieves are professional criminals and are skilled at finding ways to steal your personal information.
For additional information, contact your Somerset advisor or get in touch with us at .
