Blog header — tax season

Tax Season is Also Theft Season

January 14, 2020
by Team SESLOC

Tax-related identity theft occurs when someone uses your stolen personal information, including your Social Security Number, to file a tax return claiming your refund. According to the IRS, reversing the damage caused by tax related identity theft can be a frustrating and complex process for victims. In addition, scammers will use tax season as an opportunity to commit fraud, pretending to be the IRS, and asking consumers for cash, or asking consumers to convert cash to gift cards which is an easy way to transmit cash without the possibility of detection when the card is used. Protecting your identity is critical year-round but especially important during the busy tax season.

As an account holder with a HomeFREE Checking account you have identity fraud remediation professionals standing by to help restore your identity should someone else file taxes in your name. With this protection, you may also be eligible for a tax-refund advance while a dedicated Identity Recovery Advocate assists in completing your remediation, which may take weeks or even months to resolve. While we provide the  peace of mind and resolution if a theft occurs, it’s also important to protect yourself and prevent instances of tax related crimes. Give yourself a fighting change and learn the best way to stay protected from the devastating effects of tax-related identity theft.

According to the Federal Trade Commission (FTC) and Internal Revenue Service (IRS), some examples of scams this tax season are:


Scammers use computer to dial thousands of phone numbers, pretending they’re calling from the IRS, hoping to find victims who respond to their threatening statements. These criminals claim you owe taxes and demand that you pay immediately, usually with a gift card or prepaid debit card. The IRS does not initiate contact with taxpayers via phone.

IRS Imposters

These are the scammers who send out emails, pretending they are from the IRS. The imposters may use part of your real identity to convince you that their claim is valid. They will tell you that you owe taxes and demand that you pay up or face prosecution. Or they will ask you to verify that  you have paid your taxes, asking for personal information and bank account numbers to obtain data that can be used later to commit identity theft. The IRS does not initiate contact with taxpayers by email to request personal or financial information. This includes any type of electronic communication, such as text messages and social media channels.

Refund Thieves

Criminals will gather or purchase your stolen personal information, create a bogus tax return and file the return with the IRS, claiming your refund. When you then file your legitimate return by mail, the IRS will send you a notice or letter saying that more than one return was filed for you. If you try to e-file, the IRS will reject your tax return as a duplicate filing. In either case, you are left with the difficult task of convincing the IRS that it wasn’t you that filed the return and received the refund the first time.

If tax fraud or any other identity theft strikes you are not alone. SESLOC Credit Union has you covered. A personal Identity Recovery Advocate is standing by to research and resolve any identity theft issue that you may suspect, or evidence of identity fraud that you discover. You also might be eligible for a tax refund advance if someone filed and received your refund using your identity fraudulently. Call us or contact your Identity Recovery Advocate if you think you may be a victim — we are here to help.

Terms and conditions can be found on the NXG partner site.

Share this post

Like this post