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#Adulting Will Be Easy for These High Schoolers

#Adulting Will Be Easy for These High Schoolers

Making good choices is not easy, but it may be even more challenging as a high schooler.

Today’s high school students are faced with a whole gamut of choices to make, from relationships and future plans to how they earn and spend their money. However, when it comes to personal finance and consumer rights, teenagers sadly may not be getting the skills and knowledge in these areas that they need to become successful adults.

That’s where LifeSmarts comes in.

If you’re filing taxes today, you need to know one thing.

If you’re filing taxes today, you need to know one thing.

Did you procrastinate on filing your taxes?

You’re not alone. In fact, nearly a quarter of Americans say they tend to wait until the last minute to file taxes, according to a recent survey conducted for LifeLock by Harris Poll. If you’re a Boomer, you’re even more likely to be taking your time than your younger counterparts. And a painfully ironic survey finding is that nearly one in six Americans would rather get a root canal than do their taxes.

In the face of a mountain of paperwork on the last day to file, there’s an important warning to keep in mind:

If you file your taxes electronically and discover that they’ve already been filed, then you are likely a victim of tax-refund identity theft.

The Social Media Masquerade

The Social Media Masquerade

Social media is great, except when it provides an open gateway to our identities. The real problem is that sites like Facebook have been around for so long that we feel comfortable, like we know the ropes, yet they also change to incorporate new features, new terms of service, and new privacy dangers.

One of the most common and most effective tactics for using social media in a harmful way is the masquerade. One method of masking as someone else involves a little bit of tech know-how, but the other requires nothing but a little bit of patience.

Busted: Another Tax Phone Scam

Busted: Another Tax Phone Scam

Just in time for Tax Day, authorities have arrested the alleged leader of a foreign crime ring that purportedly was running a widespread phone scam, with the thieves posing as IRS agents to steal your money.

Police in India have already apprehended hundreds of people who were part of the fraudulent IRS call center targeting U.S residents. It’s not the first time. Between 2013 and 2015, a similar fraudulent IRS scam stole over $15 million from U.S. victims. This time however, the criminal call center may have stolen over $100 million, tricking and bullying at least 15,000 victims along the way.

The Pain of Tax Refund Fraud vs. Root Canal

The Pain of Tax Refund Fraud vs. Root Canal

Roughly one in six Americans despise filing their taxes so much that they’d rather get a root canal. Filing can be even worse if you’re a victim of tax refund fraud.

I get it—filing taxes isn’t fun. Just like having dental work done, filing taxes can be a painful experience. But tax season can get even worse if you become a victim of tax-related identity fraud.

The Reality
Anyone, anywhere at any time can become a victim of tax-related identity fraud. It’s an easy crime for thieves to commit, and a lucrative one too.