Tax-related identity theft and fraud is one of the most common forms of fraud in the United States each year. More than 80,000 people fall victim to tax-related fraud, and a large percentage of these are older adults. As a family caregiver, it is important to be vigilant about your parent’s information so you can detect issues that could indicate they have fallen victim to this type of fraud. The earlier the fraud is detected, the better your parent can manage it and reduce the complications and consequences.
Some signs your loved one might have been the target of a tax identity theft include:
- Your parent is unable to file their tax return using online resources.
- A tax professional tells them they already have a tax return in process or one has been filed.
- The IRS contacts your senior and tells them two or more tax returns have been filed using the same Social Security Number.
- Your parent is told they owe taxes even if they never have before.
- Your parent is told they have a refund offset in place that does not apply to their personal situation, such as to pay off student loans they didn’t take out, or due to court fees and fines that are not associated with them.
- Your parent is told they owe taxes on a year that they did not file taxes.
- Your parent is given inaccurate information to confirm when they put request their refund be deposited.
The best thing you can do to help your parent avoid complications associated with tax-related identity theft is to prevent this theft to begin with. Help them make good choices to protect their personal information, including their Social Security Number, their birth date, and other personal details.
Your elderly loved one doesn’t have to sacrifice their quality of life or lifestyle just because they are getting older. As their family caregiver, it should be your priority to give them the best life they can live, and home care can help. An in-home senior care services provider isn’t about controlling your parent or taking over their life. Instead, it is about customized, dedicated care and support designed to encourage independence, activity, and fulfillment while managing health and safety needs as they age in place. For you, this can reduce stress and enable you to maintain your own lifestyle as well.
If you or an aging loved one are considering caregiver services in Perry, FL, please call the caring staff at Hopewell In-Home Senior Care today at 850-386-5552. Providing Senior Care Services in North Florida