How to Stay Safe During Tax Season

How to Stay Safe During Tax Season

April is the time of year when people are gathering tax documents and filing forms with the IRS. Due to the rise in cybercrime, the IRS is reminding all taxpayers about potential scams and how to stay safe online during tax season.

For a list of incidents and remedies, please see the “Taxpayer Guide to Identity Theft.”

Per the IRS, it will never:

• Initiate contact with taxpayers by email, text, or social media to request personal or financial information
• Call taxpayers with threats of lawsuits or arrests
• Call, email, or text to request taxpayers’ Identity Protection PINs

If any of the above occurs, you can report suspicious emails or other phishing attempts to phishing@irs.gov.

While we understand that you may have to send sensitive personal information, like tax returns, to your financial professionals, we encourage you to use safeguards. This includes measures such as attaching documents with a secure link or password protecting the document.

Peak Asset Management, LLC is an SEC registered investment adviser. This is not an offer to buy or sell securities. Past performance is not indicative of current or future performance and is not a guarantee. The purpose of this content is solely informational and does not constitute investment and/or tax advice. The information set forth herein was obtained from sources which we believe to be reliable, but we do not guarantee its accuracy.