Tag Archive for: tax scams

IRS Issues New Warning For Taxpayers To Avoid Losing Money, Personal Data

In a just-released statement, the IRS emphasized that scammers operate not only during tax season but year-round. These bad actors often impersonate the IRS and use fear tactics or misinformation to pressure people into revealing personal, financial, or employment details.

Taxpayers Could Face Financial Penalties For Following Bad Advice, IRS Warns

Tax officials said that they have ongoing concerns about matters that led to some taxpayers filing inflated claims for refunds during the past tax season. The three most common scams or inaccurate advice relate to the Fuel Tax Credit, the Sick and Family Leave Credit and household employment taxes.

Tax Season Is Officially Here, And So Are Three Popular Scams To Steal Your Money And Identity

With the start of tax season comes tax scams aimed at stealing your identity and your money. As technology advances so do the scams, so it's important to be aware of all possible threats. There are 3 tax scams you need to be aware of.

IRS Offers Way Out For Businesses Worried About Employee Retention Credit Audits

The IRS announced Oct. 19 that it has officially created a special withdrawal process for businesses that have submitted an ERC application but have yet to receive any money. The goal is to offer small-business owners a way out if they now feel they had been tricked or pressured into filing a misleading or ineligible claim.

South Florida Ranks Among Top Metros Nationwide For Identity Theft

According to a new report from the Federal Trade Commission. South Florida is a hotspot for identify theft, ranking second in the nation for complaints per capita and No. 33 for fraud and other consumer complaints across the country. CLICK ON THE HEADLINE FOR MORE

IRS Warns Taxpayers To Guard Against New Tricks By Scam Artists; Losses Top $20 Million

These schemes — which can occur over the phone, in e-mails or through letters — try to trick taxpayers into providing personal financial information or scare people into making a false tax payment . For five things scammers often do that the IRS would never do, CLICK ON THE HEADLINE