
Around one-third of Americans procrastinate filing their taxes. But no matter how tempting it sounds, it’s not a good idea — unless you want to risk your identity being stolen.
Tax-related identity theft is one of the biggest reasons to file as soon as your documents are ready, experts say. The fraud, defined on the Federal Trade Commission website, can happen when someone gains access to your Social Security number or other personal information to steal your tax refunds or gain employment.