Ohio Releases Guidance on Handling Identity Theft– September 03, 2013

The Ohio Department of Taxation has updated its website to advise victims of identity theft. If someone has stolen your identity, you must complete the Department’s Identity Theft Affidavit at www.tax.ohio.gov/Individual/IDTheft.aspxand have your signature notarized. Before returning the affidavit, you must also complete the federal forms at www.irs.gov/uac/Taxpayer-Guide-to-Identity-Theft and attach those to the Ohio affidavit as well.

If you have questions on how to handle identity theft, contact a member of your Cohen & Company service team. Read our related blog post on what to do if you fall victim to tax ID theft.

This communication is for information only, and any action should only be taken after a detailed review of the specific situation and appropriate consultation.

Notwithstanding that these materials do not constitute legal, accounting or other professional advice, as may be required by United States Treasury Regulations and IRS Circular 230, you should be advised that these materials are not intended or written to be used, and cannot be used by you or any other person, for the purpose of avoiding penalties that may be imposed under federal tax laws. No written statement contained in these materials may be used by any person to support the promotion or marketing of or to recommend any federal tax transaction(s) or matter(s) addressed in these materials, and any taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor with respect to any such federal tax transaction matter.