Tax season is here, and with it comes the annual wave of top 10 IRS scams. These scams can range from phishing emails to fake phone calls, and they’re designed to trick you into divulging personal and financial information. By being aware of these scams and taking proactive steps to protect yourself, you can ensure the safety of your sensitive data. Let’s delve into the top 10 IRS scams to watch out for and learn how to avoid becoming a victim.
Phishing Emails
Phishing emails are deceptive messages that appear to be from legitimate sources like the IRS. They often contain links or attachments that, when clicked, can install malware on your device. Remember, the IRS will never ask for personal information via email.
Fake Phone Calls
Scammers impersonating IRS agents may call you, claiming you owe back taxes and demanding immediate payment. The IRS doesn’t make threatening calls or demand instant payments; hang up on such calls and report them.
Social Security Scams
Be cautious of calls or messages requesting your Social Security number (SSN) to resolve supposed issues. The IRS doesn’t ask for SSNs over the phone.
Return Preparer Fraud
Choose your tax preparer wisely to avoid fraudulent practices that could lead to penalties or owing back taxes.
Inflated Refund Scams
Beware of promises for inflated tax refunds in exchange for a fee. Such claims are often fraudulent and can result in financial loss.
Falsifying Income to Claim Credits
Never agree to falsify your income to claim tax credits or benefits you’re not entitled to.
Impersonation of Charitable Organizations
Verify the legitimacy of charitable organizations before donating to avoid falling victim to fake charities.
Gift Card Scams
The IRS doesn’t request tax payments via gift cards. If asked to pay taxes with a gift card, it’s a scam.
Tax Collection Scams
Scammers may threaten arrest or property seizure for unpaid taxes. The IRS doesn’t use these tactics.
Non-Filing Scams
Filing taxes is mandatory, and avoiding it can lead to legal consequences. Don’t fall for claims that you don’t need to file.
Protect Yourself from IRS Scam
- Be Skeptical of Unsolicited Communication: The IRS typically doesn’t initiate contact through email or phone calls.
- Avoid Clicking on Unknown Links or Attachments: They could contain malware.
- Never Share Personal or Financial Information: The IRS won’t ask for such details over the phone or email.
- Choose a Reputable Tax Preparer: Review your return before signing and avoid preparers promising inflated refunds.
- Research Charities Before Donating: Ensure they’re legitimate.
- Don’t Pay Taxes with Gift Cards: This is a common tactic used by scammers.
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As you navigate the complexities of tax season and safeguard your financial information, consider utilizing robust cybersecurity solutions like Kaspersky. Their expertise in protecting against online threats can provide an added layer of defense for your sensitive data. Learn more about securing your finances with Kaspersky here.
By staying informed about IRS scams and implementing these protective measures, you can significantly reduce the risk of falling victim to fraudulent activities during tax season. Protecting your personal and financial information is paramount, and with vigilance and the right precautions, you can ensure a safe tax-filing experience.