Safeguarding your personal and financial information is crucial in today’s digital age. According to the Identity Theft Resource Center, there were 3,205 data breaches in 2023 — a 78% increase from 2022 and an all-time high.

We want to help you protect your tax information from potential data breaches. Here are five essential tactics to keep your sensitive data secure:

1. Be vigilant with your Social Security Number (SSN)
   Your SSN is the key to your tax identity. Only provide it when absolutely necessary. Never share it via email, phone or social media. Be wary of unsolicited requests for your SSN, even if they seem to come from the IRS.
2. Secure your digital footprint
   Use strong, unique passwords for all financial websites, including tax filing platforms. Enable two-factor authentication when available. Keep your operating system and anti-virus software up-to-date for the latest security measures.
3. File early and get an IP PIN
   Don’t wait to file your taxes. Filing early reduces the chance for identity thieves to file a fraudulent return using your information. Additionally, consider obtaining an Identity Protection PIN (IP PIN) from the IRS. This six-digit number prevents someone else from filing a tax return using your Social Security number or Individual Taxpayer Identification Number. The IP PIN is known only to you and the IRS, providing an extra layer of security for your tax account.
4. Protect your physical documents
   Store important tax documents securely. Shred any papers with personal information before discarding. Consider using a locked mailbox or P.O. Box for receiving sensitive mail.
5. Stay informed and act quickly
   Watch for news of data breaches that might affect you. If you suspect your information has been compromised, act swiftly:   

• Contact a major credit bureau to place a fraud alert on your credit file.
• Consider a credit freeze for added protection.
• Respond promptly to IRS correspondence about potential identity theft.
• File Form 14039 (Identity Theft Affidavit) if necessary.

Remember, the IRS won’t contact you via email, social media or phone with threats. Communications such as these are likely scams.

If you have questions about protecting your tax information, reach out to us. Our team is ready to provide the guidance and support you need.