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Tax Season Alert: Protect Yourself from These Common Scams

As the calendar flips to a new year, many of us are gearing up for the inevitable: tax season. While gathering receipts and preparing returns can be a daunting task, it’s essential to stay vigilant against scammers who prey on unsuspecting taxpayers. The IRS has identified several common scams that peak during this time, and we’re here to give you the lowdown on how to avoid falling victim.

Beware of Fake IRS Calls

One of the most prevalent scams is the IRS-impersonation telephone scam. Scammers pose as IRS employees, providing fake names and badge numbers to sound convincing. They’ll claim you owe money and demand immediate payment through a pre-loaded debit card or wire transfer. Here’s the catch: the IRS will never call you demanding payment. If you receive such a call, hang up and report it to the Treasury Inspector General for Tax Administration (TIGTA).

Email Phishing Scams: A Wolf in Sheep’s Clothing

Scammers are also using email phishing scams to trick taxpayers into sharing sensitive information. Be cautious of emails with subject lines like “Update your IRS e-file” or those that appear to be from the IRS but lack a dot between “IRS” and “gov.” These emails often include links to fake websites designed to look like the official IRS site. If you receive such an email, don’t click on anything or provide any information. Instead, forward it to [email protected].

Identity Theft Scams: Protect Your Assets

Scammers are using the IRS’ name to steal financial information, identities, and assets. They may contact you via mail, phone, fax, or email, claiming to be from the IRS. Remember, the IRS does not communicate with taxpayers via email, so be wary of any unsolicited messages. If you’re unsure about the legitimacy of a mailing or fax, don’t hesitate to ask someone you trust or a professional.

Tax Preparer Phishing Scam: A Threat to Professionals

This scam targets tax professionals, aiming to obtain their username and password. Be cautious of fake emails asking you to update your IRS e-services portal information and Electronic Filing Identification Numbers.

What the IRS Will Never Do

To avoid falling prey to these scams, it’s essential to know what the IRS will never do:

• Call to demand immediate payment without first mailing a bill
• Demand payment without giving you the opportunity to question or appeal the amount
• Require a specific payment method, such as a prepaid debit card
• Ask for credit or debit card numbers over the phone
• Threaten to bring in local police or law-enforcement groups to have you arrested for not paying

What to Do If You’re Contacted by a Scammer

If you receive a suspicious call or email, don’t engage with the scammer. Instead, report it to TIGTA and/or the Federal Trade Commission (with “IRS Telephone Scam” in the notes). Remember, never give out personal information to unsolicited callers or emails.

Stay safe this tax season by being informed and vigilant. By knowing what to look out for, you can protect yourself from these common scams and ensure a stress-free tax filing experience.