Grand Junction, Colo. (KKCO) – What could be worse than filing your tax return? Try filing it and finding out someone has already filled it and collected your return.
It's a new wave of identity theft that has grown in popularity. Identity tax theft has grown 400 percent since 2008. You’ll find the major issue is just trying to clear up the mess.
Experts say it can take up to 6 months or longer before your case can be dealt with by the IRS. ID theft can also cause problems if you are filing for any kind of financial aid.
"If you’re in the middle of a refinance and you have to give your tax forms, the IRS says they have different forms than what you’re trying to tell people you show," says Scott Fasken, who is the vice–president of Colorado Document Security.
There are steps you can take to protect yourself:
- Shred all documents that you do not send in.
- Never give out personal information on the phone, unless your sure you know who you are talking to.
It is also important to know that the IRS does not e-mail people asking for information.