As you may have heard, the credit reporting agency, Equifax, experienced a major data breach that exposed personal information of 143 million Americans this summer. Hackers accessed names, social security numbers, birth dates, addresses and in some cases driver’s license numbers and credit card numbers. So what should you do to protect yourself from identity theft and your information being misused?
Please review the guidance provided by the Federal Trade Commission on the Equifax data breach at https://www.consumer.ftc.gov/blog/2017/09/equifax-data-breach-what-do?utm_source=govdelivery and consider following the steps they recommend to protect yourself.
The 2018-2019 FAFSA will be available on October 1, 2017. This application will be used to determine financial aid eligibility for Fall 2018, Spring 2019, and Summer 2019. Check out these helpful financial aid tips summarized in this info graphic as you prepare to apply for financial aid.
Check out Inceptia’s “Great Advice for Parents” guide for Fall 2017. It has helpful tips for students as well! Topics include:
- Tax breaks and loan options to pay for college
- Strategies to maximize financial aid eligibility
- Why you should stash cash in a Roth IRA
- Questions to ask before taking out a student loan
The IRS website has been updated, now you can get various Form 1040-series transcript types online or by mail. If you need your prior year Adjusted Gross Income (AGI) to e-file, choose the tax return transcript type when making your request. If you only need to find out how much you owe or verify payments you made within the last 18 months, you can view your tax account.
You could do that by visiting IRS.gov
————Click on the box Get My Tax Record
Option 1: If you would like to retrieve it instantly online, pleasure make sure you have the necessary personal information/records. Login using your IRS Online ID, or Sign Up if you don’t have one.