The IRS Show An Increase Of 400% In Tax Scams From 2016-2017

The IRS Show An Increase Of 400% In Tax Scams From 2016-2017

As the tax season draws closer, IRS figures recently released show there has been an increase of 400 percent in tax scams from the 2016 to 2017 tax seasons.  Those scams include; Calls, e-mails or text messages demanding immediate payment using a specific payment method such as a prepaid debit card, gift card or wire transfer or ask for credit or debit card numbers over the phone.   Another scam involves threatening to immediately bring in law-enforcement to have you arrested for not paying.  Generally, the IRS will first mail you a bill if you owe any taxes. And remember the IRS will never demand that you pay taxes without giving you the opportunity to question or appeal the amount they say you owe.  Just remember, when you get a phone call, supposedly from the IRS, you should be aware that it is a scam.  The IRS does not initiate contact by telephone and does not initiate contact with taxpayers by email, text messages or social media channels to request personal or financial information.  In addition, the IRS does not threaten taxpayers with lawsuits, imprisonment or other enforcement action.  Being able to recognize these tell-tale signs of a phishing (fishing) or tax scam could save you from becoming a victim.

 

Written by KVGC Staff

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