As the tax deadline approaches, security experts are warning taxpayers to be on the lookout for scams and fraudulent activities that could compromise their personal information and refunds. Last-minute filers are particularly vulnerable and should take precautions to avoid falling victim to cybercriminals. Unsolicited offers of help with taxes, especially those promising large refunds, should be met with skepticism. Scammers are using artificial intelligence technology to create sophisticated scams, making it harder to detect fraudulent activity. It is important to be cautious when choosing a tax preparer or using tax preparation software and to avoid clicking on dubious links or providing personal information to unknown sources.
Scammers are creating fake websites and impersonating well-known tax prep companies, financial services companies, and even the IRS to trick taxpayers into providing their tax return information. Phishing emails, texts, and phone calls are common tactics used by cybercriminals during tax season, with threats of legal action or fines to coerce victims into paying bogus back taxes. It is important to remember that the IRS only communicates through the U.S. Postal Service and will never initiate contact via email, text, or social media. They also do not accept payments in the form of cryptocurrency or gift cards. Staying alert and vigilant is crucial in protecting oneself from tax-themed fraud.
To stay safe during tax season, the IRS and security experts recommend filing early to minimize the risk of identity theft and fraud. Avoid responding to unsolicited emails or texts and refrain from clicking on links or attachments from unknown sources. Taxpayers can obtain an identity protection PIN from the IRS to prevent fraudulent tax returns from being filed in their name. In the event of fraud, individuals should report it to law enforcement, monitor their credit reports, and request a credit freeze to prevent new credit requests. It is also essential to use strong passwords, enable two-factor authentication, update antivirus software, and back up tax information securely.
When dealing with tax professionals or online services, it is crucial to verify their credentials and qualifications using the IRS Directory of Federal Tax Return Preparers. Tax documents should be properly shredded when no longer needed to prevent identity theft and dumpster diving incidents. Taxpayers should ensure that any sensitive information is stored securely and not disposed of haphazardly. By taking precautions and staying informed about potential scams and fraud tactics, individuals can protect themselves from falling victim to cybercriminals during tax season. It is essential to remain vigilant and cautious when handling personal and financial information to safeguard against identity theft and fraudulent activities.
