Identity theft and tax fraud go hand in hand. And because the 2017 Equifax data breach exposed the social security numbers and other key personal data of millions of Americans – it’s much easier for identity thieves to get their hands on your hard-earned tax refunds – and wreak havoc on your credit and finances for years to come.
Today, more than ever, the cost of leaving any of your information “unmonitored” is simply too high.
Be aware that having a credit freeze, flag or lock in place DOES NOT prevent tax-related theft. Your best protection against tax identity theft is to file early and monitor your credit reports for unauthorized activity and changes.