IRS Pin Protection in 2021

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The Internal Revenue Service (IRS) announced this week that in January 2021 taxpayers can apply for an Identity Protection Personal Identification Number (IP PIN). This single-use code is designed to block identity thieves from fraudulently submitting a tax return in your name and collecting your tax refund! This is a long overdue security improvement to the US tax system. IP PINs are currently only issued to those who fill out an ID theft affidavit or taxpayers who’ve experienced tax refund fraud in the past.

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Original Article Source Credits:   Business 2 Community , https://www.business2community.com/

Article Written By:  Ty Mezquita

Original Article Posted on:  December 17, 2020

Link to Original Article:  https://www.business2community.com/finance/irs-pin-protection-in-2021-02371363

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