With the looming tax deadline and the demand from consumers for financial stability, Better Business Bureau serving Alaska, Oregon and Western Washington advises people to take action during April’s Financial Literacy Month.
In March 2004, the United States Senate officially recognized April as Financial Literacy Month in an effort to highlight the importance of establishing and maintaining healthy financial habits and to outline the serious consequences that may be associated with a lack of understanding.
In connection with Financial Literacy Month, BBB urges taxpayers to take the following precautions before the April 15 filing deadline:
- Do not leave W-2s in unsecure locations such as offices or cars. Shred copies of leftover tax information, drafts or calculation sheets that are no longer needed.
- Use secure Internet connections when filing electronically, or mail tax returns directly from the post office.
- Respond to all mail from the IRS as soon as possible.
- Never disclose Social Security numbers other sensitive personal information over the phone to unsolicited callers.
- Thoroughly research tax preparers at bbb.org to find ones that are local and accredited.
Be financially “in the know” during the month of April by following BBB on Facebook for financial tips about earning, saving, protecting assets, spending and borrowing.
For resources and information on how to get involved, visit the Financial Literacy and Education Commission website. For a list of financial workshops in your area, click here. Additional information can be found at BBB’s news and events page.