As
tax season draws irresistibly closer, the scam artists are
polishing their latest techniques. This article should help you
keep an eye out for these nasty individuals.
Credit Pacific Service Union Tax Season - Time for Scams
Tax Help at Complete Tax. Your source for tax deductions, irs tax help, child tax credits and tax credits
Credit First Service Union In a particularly cheeky move, scam artists have started posing
in on form or another as the IRS in an effort to get you to turn
over social security numbers and such. Logically, this actually
makes sense. Everyone is terrified by the IRS and dread be
contacted by the Agency. Most of us would do anything to resolve
any issue raised by an IRS Agent including sending them copies of
credit card statements and providing crucial financial information
over the phone. Put another way, this is the perfect scenario for a
scam artists.
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Card Credit Mobile Service The goal of scam artists, of course, is to get private
information they can use to open credit card accounts and so on.
This is loosely known as phishing for the purpose of identity
theft.
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Card Credit Discover Service Phishing and identify theft can occur through practically any
communication method. Here are some recent scams that were
successful:
- Whether you are eligible for advanced earned income tax credit.
- How the advanced earned income tax credit is computed.
Credit Public Service Union 1. One group of scam artists started sending spam emails
notifying taxpayers they were eligible for tax refunds. The scam
worked because the emails were sent from IRS types of email
accounts including the irs letters in the address. Taxpayers were
then told to go to click through to a site where they could fill
out a form and get their refund. Of course, the email address and
web site were fakes. Nobody got a refund, but the scam artists
received a bevy of social security numbers, credit card information
and so on. In total, this scam occurred through 12 different web
sites in 11 countries.
Claiming Tax Credits Besides taking care to claim all the tax deductions that you can, you can minimize your income tax bill by claiming all the tax credits available to you. When they're available, tax credits are generally better for you than deductions would be, because credits are subtracted directly from your tax bill. Deductions, in contrast, are subtracted from the income on which your tax bill is based.
Card Credit Processing Service 2. This one is a classic. Scam artists send bogus IRS letters
and Form W-8BEN asking non-residents to provide personal
information including bank account numbers, PINs, passport numbers
and so on. Form W-8BEN is used by banks, not the IRS, to obtain
information from non-residents who are opening bank accounts!
Unfortunately, many non-residents fell for this scam and had their
identities stolen.
Center Credit Service Union There are a couple of guidelines you can use when dealing with
IRS communications. First, the IRS never, ever sends email to
taxpayers. NEVER! If you get an email communication, it is
absolutely a scam. Delete it or send it to the IRS so they can take
action.
Card Credit Service Wireless If you receive mail communications from the IRS, call the agency
to verify a letter was really sent to you. With phone call
communications, get the persons name and call them back at the IRS.
Both methods will stop scam artists in their tracks. Be skeptical
of communications you receive from sources you are not
expecting.
Credit Security Service Union Finally, the IRS never asks a taxpayer for passwords or PIN
numbers. If the agency desires to seize your bank account, they can
just do it. They don't need to take out $300 a day until your tax
debt is collected!
Credit Report Service Scam artists are highly creative people. If you have doubts
about an communication of the IRS, pick up the phone and call the
agency.
Blogspot Com Christian Richard A. Chapo is with BusinessTaxRecovery.com - providing
information on tax and taxes. Visit us to read more
tax articles and our new
tax credits page.
Christian Counseling Credit Rick Chapo is with Nomad Journals - makers of
writing
journals. He is also with BusinessTaxRecovery.com - information
on taxes.
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