Tax Season Alert: The 3 Big Myths That Can Make You a Victim of Identity Fraud

The continued popularity of electronic tax filing hasHackers and thieves have the ability to eavesdrop or
made this annual burden incredibly simple for manyspy on it when it is unprotected.
taxpayers.  As a result, these individuals mistakenly·     Encrypt supporting tax documents you plan
equate ease-of-use with safety.  This assumption tooto email to your accountant to prevent anyone from
often leads to the #1 most-committed crime in thesnooping on your network and gaining access to your
world - identity theft. financial information.
The continued popularity of electronic tax filing has·     Create strong passwords when registering
made this annual burden incredibly simple for manyto download your IRS W2 forms, 1099s, and other
taxpayers.  As a result, these individuals mistakenlypersonal tax documents from your employer so that
equate ease-of-use with safety.  This assumption toothey are not easily guessed by strangers.
often leads to the #1 most-committed crime in theMyth #3:  Paper copies of your important tax
world - identity theft.  The opportunities for yourdocumentation are always safe since they are in your
personal information to unwittingly fall into the hands ofcontrol and are not accessible to electronic hackers.
thieves wanting to commit fraud has grownTruth:  Identity thieves are incredibly creative and will
exponentially along with the explosion of online taxattempt to access your confidential information for
return submissions.  Don’t falsely presume thattheir own personal gain however and wherever
your identity is protected.  possible, especially when you least expect it.
Here are the 3 biggest myths that risk your identity·     When you postal mail your tax return to the
during tax season, as well as important security tips toIRS, send it from a secured location, like the post office
avoid the time, money and hassle related to identityor an official USPS collection box;  do not let it sit in a
theft.box overnight as it could be stolen.  For added
Myth #1:  Documents, PDFs and personal informationsecurity use certified mail.
used in the creation of your tax returns are safe just·     If making photo copies of your financial
sitting on your computer.documents, make sure the photocopier does not store
Truth:   Hackers may access your computer inimages of them in memory.
various ways at ANY time via viruses, Trojans and·     Using a traditional paper shredder, destroy
Botnets. Confidential information on PDFs is NOT safe.the printed documents used during tax preparation that
·     Password-protect all tax returns that youyou no longer need.
print to PDF from your tax software so that SocialThe government takes your tax dollars on April 15th. 
Security Numbers are secure.  Permanently shredDon’t let a thief take your identity too.  Employ
unsecured documents on your computer that containa multi-step approach in the prevention of identity theft
personal information used to prepare your tax return. that includes awareness, changes in behavior, and
·     Configure all peer-to-peer file sharingsecurity tools. Doing so will secure your personal
programs to disable the sharing of your personalinformation this tax season and allow you to rest
folders so identity thieves can't download your taxeasier on April 16th and after.  One final tip:
return.·         Monitor your credit report regularly.
·     Install the latest updates to your operating 
system to prevent known Windows or MacAbout:
vulnerabilities from being exploited by hackers. 
·     Don't save your password in your webIdentity Finder, LLC is a leading niche innovator of
browser when accessing payroll services, employers,privacy technologies. Founded in 2001 and
banks and other institutions that keep your personalheadquartered in New York City, the company
information because it could easily be stolen.specializes in developing software solutions that meet
Myth #2:  It's safe to electronically transmit confidentialbusiness and consumer needs.  The
data to an accountant, employer, or the IRS.company’s technologies have been used by
Truth:  Your personal information is at the greatestmillions of people in more than fifty countries.
risk when it is en route from one location to another.