How to Shield Your Tax Returns from Scammers

This episode of “Let’s Talk About Scams,” host Joyce Petrowski, founder of R.O.S.E. Resources/Outreach to Safeguard the Elderly, dives deep into the IRS Identity Protection PIN—a powerful tool in the fight against tax-related fraud. With fraudulent tax returns causing a staggering $6 billion in losses annually, the IRS introduced this PIN to safeguard taxpayers' refunds. Join Joyce as she guides you through the application process, emphasizing the importance of the PIN for anyone who files tax returns. Whether you've been a victim of tax return fraud or simply wish to protect your financial future, this episode is packed with actionable advice to secure your tax refund from the prying hands of scammers. Fortify your defenses against tax-related scams and ensure your financial security.

Key Episode Takeaways:

• The IRS Identity Protection PIN is a critical measure against fraudulent tax returns.
• Taxpayers can apply for the PIN via an online tool, requiring identity verification to ensure security.
• The PIN is valid for one year, with a new one issued annually for continued protection.
• Applying online offers immediate receipt of the PIN, whereas mail applications take 4-8 weeks.
• Importance of keeping the PIN confidential to prevent unauthorized use by scammers.

Key Resource Mentioned:

https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin

Remember, knowledge is power—subscribe to "Let's Talk About Scams" podcast to stay updated on ways to safeguard your well-being against scams. Share what you've learned with your loved ones and stay vigilant. Stay safe and informed! Visit https://www.roseadvocacy.org/ for additional resources and newsletters to safeguard against scams.

Disclaimer: The information contained in this podcast is intended for informational purposes only and is not a substitute for individual professional/legal advice. The podcast information was carefully compiled from vetted sources and references; however, R.O.S.E. Resources/Outreach to Safeguard the Elderly cannot guarantee that you will not fall victim to a scam.