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Finances May 1, 2024

IRS Scam


It’s not just taxpayers who gear up for the annual tax ritual – scammers and fraudsters are devising new and sophisticated schemes to steal hard-earned money from unsuspecting victims. In this article, we'll shed light on the different types of tax scams and how to protect yourself from falling prey to them.

These scams often exploit individuals’ fears and uncertainties about their tax obligations, creating a perfect storm for criminals to strike. As a result, it’s imperative for you to educate yourself and your family on these scams so you can recognize and avoid potential threats.

Tax scams come in various forms, ranging from phishing emails to fake calls, to letters in the mail. The best way to protect yourself is to familiarize yourself with IRS procedures. If the IRS needs to reach out to you, they will always initiate contact by mail. They will never reach out via social media or leave a prerecorded voicemail. Below are some things to be aware of with potential IRS scams.

  1. Phishing Emails and Websites: Scammers can send deceptive emails or create fake websites that mimic official tax authorities. These messages typically request sensitive information such as Social Security Numbers or financial details under the guise of updating records or processing refunds.
  2. Fake Calls from “Tax Authorities”: Fraudsters may impersonate tax officials, making threatening calls and demanding immediate payment to avoid legal consequences. Remember – legitimate tax authorities will never demand payment or personal information over the phone.
  3. Fraudulent Tax Preparation Services: Criminals may set up fake tax preparation services, promising inflated refunds or charging exorbitant fees.

Always remember: When in doubt – stop what you’re doing and give us a call at 800.666.8811. or visit one of our retail center locations for assistance.

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