Be wary of unsolicited emails, phone calls, and text messages
One of the most common tactics used by tax scammers is to send emails, make phone calls, or send text messages claiming to be from the IRS or another government agency. These messages often ask for personal or financial information, such as your social security number, bank account number, or credit card information.
If you receive a message claiming to be from the IRS or another government agency, do not reply or provide any personal or financial information. Instead, check the official IRS website or contact the agency directly to verify the authenticity of the message.
Know the red flags of a tax scam
There are several red flags to watch out for when it comes to tax scams, including:
Demands for immediate payment: Scammers often claim that you owe money to the IRS and that you must pay immediately to avoid penalties or legal action. The IRS will typically send multiple notices through the mail before taking any enforcement action.
Requests for personal or financial information: As mentioned earlier, scammers may ask for personal or financial information in an attempt to steal your identity or steal your money.
Threats of arrest or legal action: Scammers may threaten you with arrest or legal action if you do not comply with their demands. The IRS will never threaten you with arrest or legal action over the phone.
Offers of a large refund: Scammers may promise a large refund in exchange for personal or financial information. The IRS will not promise a refund before you have filed your tax return.
Verify the identity of the person contacting you
If you receive a phone call or text message claiming to be from the IRS, verify the identity of the person before providing any information. The IRS provides a list of common scams on its website and the tactics scammers use. You can also check the IRS website to find out what kind of information the IRS typically requests and how they will contact you.
Protect your personal and financial information
To protect yourself from tax scams, it’s important to be cautious with your personal and financial information. Keep your social security number, bank account number, and credit card information secure and do not share it with anyone unless you are certain of their identity and the reason for the request.
Use secure methods for filing your tax return
File your tax return using a secure method, such as using a trusted tax preparation software or visiting a tax professional. Do not file your tax return using a public Wi-Fi network or on a public computer, as these methods are not secure and can leave your information vulnerable to theft.
In conclusion, tax scams can cause serious financial harm, but with a little caution and awareness, you can protect yourself from these scams. Remember to be wary of unsolicited emails, phone calls, and text messages, know the red flags of a tax scam, verify the identity of the person contacting you, protect your personal and financial information, and use secure methods for filing your tax return.
Fore more information on tax scams, please visit the IRs website at https://www.irs.gov/newsroom/tax-scams-consumer-alerts.
