TAX FRAUD

Tax Fraud

 

It’s tax season, which means it’s time to start thinking about taxes: filing, paying, waiting for refunds. In particular, you need to know about Tax Fraud, including tax-related identity theft and phishing attempts that impersonate the IRS.

 

File Your Tax Returns Early

Tax-related identity theft is a common scam that involves using your stolen Social Security Number to file false tax returns, directing any calculated refunds to be sent to the identity thief. To reduce the risk of this, be sure to guard your personal information and file your tax returns as soon as you can. The IRS has a page dedicated to advising you on safeguards against this scam, as well as steps to take to fix it if you are victimized.

 

Current Tax Scams to be Aware of

Identity thieves often “phish” for your personal information through phone calls or emails that try to make you panic and disclose information you shouldn’t. Wondering if it’s really the IRS calling? Keep in mind, the IRS generally does not call to demand immediate payment (especially not via iTunes gift cards and similar options). Most contact with the IRS will start with a letter through the US Postal Service. The IRS wouldn't contact you by email, text messages or social media channels to request your personal or financial information. 

Learn about the most current tax scams targeting taxpayers here.

 

Set an IP PIN for Security

You may have the option of setting an IP PIN with the IRS to protect against fraudulent returns.