Final answer:
If someone opens your tax documents without permission, you are at risk of identity theft. This can lead to significant financial loss and damage to your trust in financial institutions. It is essential to protect your personal information and report any unusual activities.
Step-by-step explanation:
If someone goes through your mail and opens your tax documents without your permission, it is likely that you will be a victim of identity theft. Identity theft, sometimes referred to as 'True-name Fraud', occurs when someone wrongfully acquires and uses another person's personal identification, credit, or account information. This includes sensitive data such as social security numbers, PIN numbers, or passwords, leading to serious financial consequences and a loss of trust in institutions.
Instances of identity theft can involve criminals draining savings accounts or incurring large debts by purchasing expensive items like cars, boats, and other luxury goods. Being vigilant about the security of personal information, especially during activities like looking for a job or handling mail, is crucial to prevent being targeted by these criminal actions.
Therefore, it's important to immediately report any suspicious activities involving your personal information to relevant authorities to protect yourself from the impact of identity theft.