Uh-oh...It's Tax Season! Part 3 of Tips to Keep Your Income Tax Refund Safe

Welcome to Part 3 of our series on protecting your income tax refund and personal identity. Navigating the tax season can be daunting, but by staying informed, you can safeguard yourself against potential threats. In this installment, we delve into two critical topics: the dangers of phishing scams and the importance of choosing reputable tax preparers.

Phishing scams are a prevalent threat, especially during tax season. Cybercriminals often impersonate legitimate organizations, including the IRS or trusted financial institutions, to trick you into revealing sensitive information such as your Social Security number, bank account details, or online passwords.

Here’s how to protect yourself:

1. **Verify Sources**: Double-check the sender’s email address for any discrepancies or unusual formatting. Legitimate organizations typically communicate through official channels.

   

2. **Be Skeptical of Urgent Requests**: Emails or messages pressuring you to act immediately can be red flags. Take a step back and assess the situation before responding.

3. **Avoid Clicking on Unsolicited Links**: If you're unsure about a link, hover over it to see the actual URL. When in doubt, visit the organization’s official website directly.

4. **Never Share Personal Information via Email**: The IRS and reputable companies will never request sensitive information through email. If you receive such a request, report it to the appropriate authorities.

Selecting a reputable tax preparer is essential for ensuring your taxes are filed accurately and securely. Here’s what to consider when choosing a preparer:

1. **Check for Credentials**: Look for preparers who are certified and registered with the IRS, such as CPAs, Enrolled Agents, or attorneys. They should have a Preparer Tax Identification Number (PTIN).

2. **Read Reviews and Ask for References**: Seek recommendations from trusted sources or read online reviews to gauge the experiences of others. A reputable preparer will have a positive track record.

3. **Be Wary of Unrealistic Promises**: If a preparer guarantees a substantial refund without reviewing your financial details, be cautious. Honest professionals will not make such claims without adequate information.

4. **Review the Return Before Signing**: Ensure you thoroughly understand your tax return before signing it. A respectable tax preparer will explain the details and answer any questions you may have.

By staying vigilant against phishing scams and choosing a reputable tax preparer, you can significantly reduce the risk of identity theft and ensure your tax refund is secure. Remember, protecting your financial well-being requires proactive measures and informed decision-making!

Stay tuned for my next installment, where I will continue to equip you with essential tips for a safe and stress-free tax season. 

As always, if you have any questions or need assistance, feel free to reach out to me! Be sure to visit my website at www.savvystunner.com to stay up do date on all things safety!