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Tax Time Tips: Watching out for identity theft (Canada)

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(NC)—Be aware that your personal data is far more vulnerable to theft during the race to get things done at tax time.

Common mistakes include disclosing your Social Insurance Number (SIN) in e-mails, postal communications, or in telephone conversations when getting help to fill out your tax forms, or RRSP applications. Innocent oversights such as these make life so much simpler for criminals to first steal, and then make use of your identity for personal gain.

Your name, date of birth, address, credit card, SIN number and other personal identification numbers can be used to open credit card and bank accounts, redirect mail, establish cellular phone service, rent vehicles, equipment, or accommodation, and even secure employment. Read the rest of this entry »