Tax Payers Need to be Careful While Filing their Tax Returns

Tax Professionals Resource
April 14, 2014 — 1,624 views  
Become a Bronze Member for monthly eNewsletter, articles, and white papers.

Many people are aware about the rising cases of scam whenever people start to file their tax return or are waiting for their refunds. It normally begins in the month of January when a large number of people start queuing up at the Internal Revenue Service with their returns. It is especially during this particular period when scam masters suddenly become active and employ various strategies to rob your personal identity and money.  

Taxpayer Advocate Service Scam

A scam which was declared by the IRS recently involves some of the identity thieves posing as officials from the Taxpayer Advocate Service and soliciting personal information from the taxpayers. With such incidents taking place, the tax payers need to be extra careful as people are likely to get fooled because TAS was created to help people resolve their tax payment problems. The scammers send a phishing e-mail which has a link to a fake website of the TAS and where the taxpayers have to declare their personal information. Many gullible taxpayers fall into this trap and eventually they realize that they were taken for a ride.

What the taxpayers need to do?

If you receive such a mail, never ever take the bait as any communication from the real TAS or IRS comes via the old-fashioned way of written notice which is normally sent through the US Postal Service. Whenever you receive any bogus e mail, forward it to the IRS phishing website. However, even if you have suffered an identity theft, just contact the IRS directly and report such fraud immediately. They have their own department known as the Identity Protection Specialized Unit which will deal with the issue. You can also act proactively and alert the IRS if you have doubts about the security of your tax account.

There are other ways by which the crooks are handling their operation these days. They sometimes take the telephone route. In this case, these con artists call the taxpayers pretending to be from the IRS. Some of these people are very good at it and have been successful in extracting confidential information from them. According to reports, these phonies have managed to make more than a million dollars from naive taxpayers.

The rising scams have become a serious threat and the credibility of the IRS is at stake. It will have to stop this menace as it has the potential to snowball into a major catastrophe.

Tax Professionals Resource