Smiley face
Weather     Live Markets

The IRS is once again warning taxpayers about scams and schemes that target both taxpayers and tax professionals as part of this year’s Dirty Dozen list. The list of 12 scams and schemes started in 2002 and aims to raise awareness and protect individuals, businesses, and the tax professional community. These scams put taxpayers at risk of losing money, personal information, and data.

Phishing and smishing are two common scams included in the Dirty Dozen. Phishing involves scammers impersonating legitimate organizations like the IRS through fake emails, while smishing uses text or smartphone messages to deceive individuals. Scammers use various tactics like offering phony tax refunds or threatening criminal charges to trick victims into providing sensitive information. IRS Commissioner Danny Werfel warns individuals to be cautious of unsolicited messages and advises against clicking on links in suspicious emails or texts.

Tax professionals have reported an increase in “new client” scams this year, where scammers send emails containing malicious attachments or links posing as potential clients. Individuals are advised to be cautious of unexpected emails and use trusted platforms to upload and download files securely. Additionally, setting up two-factor authentication can help protect email accounts from being compromised by scammers.

Another scheme involves scammers offering to help individuals set up an Online Account on IRS.gov for a fee, which can lead to identity theft. The IRS advises individuals to create an online account directly through IRS.gov and avoid using third-party assistance. Scammers often use the sensitive information obtained to file fraudulent tax returns, obtain loans, or open credit accounts in the victim’s name.

The IRS emphasizes that their first contact with taxpayers will typically be through mail and not via email, text, or social media. Any unsolicited communication claiming to be from the IRS should be treated with caution, and individuals should refrain from responding, opening attachments, or clicking on links. The IRS encourages individuals to forward suspicious emails to [email protected] and delete the original email or text.

To protect themselves from scams and identity theft, individuals are advised not to engage with unsolicited communications claiming to be from the IRS, not to open attachments or click on links in suspicious emails, and to report any monetary losses to the relevant authorities. By being vigilant and following these tips, taxpayers and tax professionals can safeguard their personal information and avoid falling victim to these scams.

Share.
© 2024 Globe Timeline. All Rights Reserved.