Tax-related identity theft can occur when someone submits a tax return using your social security number (SSN), or individual taxpayer identification number (ITIN), and subsequently receives a tax refund.
One of the best ways for taxpayers to protect their identity from tax-related identity theft is by acquiring an Identity Protection Pin (or IP PIN) from the IRS. Although the program was originally reserved for confirmed victims of identity theft, the IRS has expanded eligibility to anyone with an SSN or an ITIN, including individuals living abroad.
The IRS, and Lanigan Ryan, encourages the use of this program. Even if you are exempt from filing a tax return, the IP PIN can protect your account from fraudulent filings.
There are several ways to sign up for an IP PIN including online enrollment, mailed form, or in-person meeting, but the IRS strongly encourages the use of the online enrollment option as it has a much quicker turnaround time.
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