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Showing posts from March, 2018

BEWARE-Tax Season Scams

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It is that time of year again… March Madness! Hopefully your bracket is doing well. On a more serious note, it is tax season, or “busy season” for accounting professionals. And of course, it is a busy season for criminals running IRS tax scams as well. The most common scam being a continuous, aggressive phone call posing as an IRS agent.  A more recent scam is stealing your identity and then filing a fraudulent tax return in your name.  Resulting in a tax refund being deposited into your bank account. This is then followed up with a phone call, stating the deposit was a mistake and to send the money back.   Of course, the address provided is not to the IRS but is mailing it to the scammer. Therefore, you must educate yourself.   Listed below are actions the IRS will and will not do when dealing with taxes and returns.   This is directly from the IRS.gov website. If you owe taxes: The IRS instructs taxpayers to make payments to the “United States ...