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Keep safe on social media at tax time – Don’t post or message tax info

Posted by Admin Posted on July 22 2021

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Social media timelines, forums and community groups may be a great way to connect with others and even comment publicly about something, but it’s not a great place to share your personal tax information.

Turning to social media and posting personal financial information such as tax transcripts or refund details are just examples of what you should not be doing. Also, asking personal tax details of others, puts you and them at risk for identity theft.

Never post your:

  • IRS account transcripts,
  • IRS Where’s My Refund status images,
  • Refund amounts,
  • Bank account or routing numbers,

Pictures or snapshots of tax returns and other documents with tax and personal information on them such as TAS Form 911, Request for Taxpayer Advocate Service Assistance.

TAS does not have the ability to open cases or respond to incoming messaging originating from our social media sites or any of our subscriber lists. If you qualify for TAS assistance, please follow the instructions on our “Submit a Request for Assistance” page.

Official Information Sources

Both the TAS and the IRS continuously strive to provide information to help you get your refund timely, to resolve return or account issues, and to help you protect yourself from fraud and ID theft. Unfortunately, the current Coronavirus (COVID-19) pandemic is exactly the type of situation that thieves and fraudsters look for to exploit.

The current IRS tax return processing programming is there to help prevent and identify possible ID Theft scenarios in relation to your account. Unfortunately, this programming protection can also delay a legitimate refund while information cross-checking is in process. And it can delay it past normal refund release timeframes in many cases.

Watch for official IRS notices and letters mailed to you that contain tax return and account updates. The correspondence may request you to take certain steps or actions to resolve any discrepancies identified. If identity theft is suspected, you may receive an official IRS letter 5071c requesting you to contact the IRS Identity Verification telephone number provided in the letter.

 If you have any questions regarding accounting, domestic taxation, essential business accounting, international taxation, IRS representation, U.S. tax implications of Real Estate transactions or financial statements, please give us a call at 305-274-5811.

Source: TAS         

The information provided on the LBCPA Blog is a community service for general information purposes only, and should not be used as a substitute for consultation with professional advisors who specialize in the topics covered. Please refer to your advisors for specific advice on these subjects. The information is not intended to be used, and it cannot be used, for the purposes of avoiding U.S. Federal and/or State tax laws or the tax laws of any foreign jurisdiction.

These blogs contain general information only and Lord Breakspeare Callaghan LLC or any of the other companies or firms presenting information are not providing accounting, business, financial, investment, legal, tax, or other professional advice or services. Lord Breakspeare Callaghan LLC or any of the other companies or firms contributing with articles shall not be responsible for any loss sustained by any person who relies on this information.