Don’t Become a Victim of Tax Scam Artists: Follow IRS Guidelines
Don’t Become a Victim of Tax Scam Artists: Follow IRS Guidelines
Tax season might be over, but tax scam artists are still hard at work. Social media is a hotbed for misinformation, including bogus claims of easy tax refund boosts. The IRS warns taxpayers to be on high alert for these scams.
How to Spot Tax Scammers
Tax scam artists are becoming increasingly sophisticated, but there are red flags to watch for:
Phishing & Smishing Attacks: Be on high alert for emails (phishing) and text messages (smishing) that appear to be from the IRS. ** Red flags include** urgent language like “urgent tax matter” or threats of penalties. These messages often contain suspicious links or request personal information like your Social Security number or bank account details. Never click on links or reply to these messages. Instead, report them directly to the IRS at phishing@irs.gov
Fake IRS Account Help Scams: Scammers may offer to “help” you create an IRS online account (IRS.gov). This is a trap to steal your login credentials and potentially access your tax information. The IRS will never contact you to set up an online account on their behalf. Only seek assistance from trusted sources like a tax professional or a designated family member familiar with your financial affairs.
Bogus Charities in Disguise: Scammers capitalize on tragedies and natural disasters by creating fake charities. They prey on the generosity of donors looking to help. Always verify a charity’s legitimacy before donating. Use the IRS Tax-Exempt Organization Search Tool, easily accessible on IRS.gov. This tool allows you to confirm if a charity is registered and eligible to receive tax-deductible contributions.
- Misleading Tax Advice on Social Media: Social media platforms can be a breeding ground for inaccurate and misleading tax information. Don’t be fooled by posts promising quick refunds or urging you to misuse common tax forms like your W-2 or 1099. These tactics are illegal and could land you in serious trouble. Stick to reliable sources for tax guidance. Consult a qualified tax professional or visit the official IRS website (https://www.irs.gov/) for accurate tax information and regulations.
Protect Yourself from Tax Fraud
Staying informed is your best defense against tax scams. Share this information with friends and family to help spread awareness.
Additional Tips:
- Be cautious with personal information: Never share sensitive details like Social Security numbers or bank account information unless you’re certain of the recipient’s legitimacy.
- Use strong, unique passwords: Protect your online accounts with complex passwords and enable two-factor authentication whenever possible.
- Monitor your credit reports: Regularly check your credit reports for signs of identity theft.
By following these tips and staying vigilant, you can significantly reduce your risk of becoming a victim of tax fraud.
Remember, staying informed and vigilant is your best defense against tax scams. If you suspect you’ve been a victim of tax fraud, contact the IRS immediately.
For expert tax advice and guidance, contact us. Our team of professionals is dedicated to helping you navigate the complex tax landscape. Call us at 832-303-3995 or book your appointment online today. Let us help you protect your hard-earned money and achieve your financial goals.