Every year at tax time fraudsters put new twists on old scams, but luckily these scams are easy to avoid.
Just remember that the IRS will only contact you through official mail, it will never send unsolicited e–mails or request passwords, pins or other access information for bank or credit card accounts. Another rule of thumb is to never give your social security number over the phone or through email.
The IRS has released a list of warnings, different scams floating around this tax season and topping the list is internet Phishing. These criminals use email to try and trick you into giving them personal information, information they will use to empty your bank accounts or steal your identity.
CPA Danny Bresnahan says any IRS correspondence will come through the mail with a valid return address and a legitimate phone number to contact them. Bresnahan says another scam to watch out for are scammers telling you the government still owes you money as part of the economic stimulus, all you need to do is give them your account information and they'll get the money to you; don’t fall for it.
Tax debt consolidators promise they'll get you a deal to pay the IRS fractions of what you owe. Bresnahan warns, "do your research because pennies on the dollar, if it sounds too good to true it probably is too good to be true." Holly Miller with the Better Business Bureau says if you are worried about a company or service you can check reliability reports on businesses or you can check with the county to see if any civil lawsuits have been filed against the business or individual you’re considering working with.
So take the care you do with filing your taxes and be meticulous with any tax deals and money you'll save will be yours.