Tips to Avoid Being Scammed During Tax Season

Posted by on Jan 16, 2017 in Blog |

There are three main tax scams in the US that are very popular. You are able to protect yourself of course, everyone is wary when it comes to others asking for money! But what do you do when it comes to the IRS calling you and telling you that you owe them money? No one wants to owe the IRS and with sorting taxes being such a minefield and complicated to handle as it is, why wouldn’t you panic a little?

If you think you have been a victim of identity fraud, you need to immediately report it to the police and the IRS. Make sure you have contacted a reputable Los Angeles Tax Attornies by your side to support you through it. Having people pose as your bank or the IRS to steal your identity if terrifying and it can be really hard to handle that alone. There are three tax scams that you should be fully aware of: Identity Theft, Phone Scams, and Phishing Scams.

  • Phone scams are generally aimed toward the elderly. Not many people have a house phone anymore, and most scams are registered to landline numbers as they can trick people better. Phone scams require the thieves to call you, fraudulently posing from the IRS or other organisation with the intent to steal money from you. These scammers are very convincing, knowing exactly what to say to get under your skin and frighten you into paying money you don’t need to pay out. Never provide anyone your card details over the phone unless you have physically phoned them to pay a bill.
  • Having your identity stolen can feel like a violation. This can happen by cloning bank cards, having thieves raid your bin for postal rubbish to obtain your address and date of birth, and being physically mugged. By obtaining your personal information, thieves can then further obtain things by fraudulent transactions on your card, file tax returns in your name to claim refunds from the IRS and if very successful, can even get a passport in your name.
  • Finally, a phishing scam is email and website based by thieves who know exactly what to do and what to send to get you to pay up. The websites are very convincing and make you believe that the tax office and other organisations are contacting you directly. It’s important to remember that government organisations and most other companies never, ever contact via email to claim money. The IRS only ever phone you or send letters via post to inform you that you have a debt. They won’t ever ask you to click through a link on a website so that you can pay them online. The trouble is that the scammers know that older people tend not to understand how this works and therefore they are the targets.

Sometimes, thieves and scammers falsely promise large refunds or pension payouts that you can access early: none of these are real. You can protect yourself by calling organisations you receive false emails and calls from directly and checking with them if it’s real. Informing fraud companies who monitor these things is also the best thing you can do.