Economy

IRS warning of continued tax-related scams nationwide

IRS warning of continued tax-related scams nationwide”

WASHINGTON -The Internal Revenue Service is warning that tax-related scams are continuing across the nation even though the tax-filing season has ended for most taxpayers. The caller, who is pretending to be from the IRS, threatens arrest if the person does not immediately put money on a prepaid debit card to pay the bill. Authorities say the caller claims to be from the IRS and says that two certified letters mailed to the taxpayer were returned as undeliverable. She says that you need to pay right away or the police will arrest you.

This is just the latest scam taking advantage of consumers and, unfortunately, many people fall for it. Find out how scammers are taking advantage of consumers and what you can do to protect yourself.

The IRS recently began sending letters to a relatively small group of taxpayers whose overdue federal tax accounts are being assigned to one of four private-sector collection agencies. That change makes this new scam sound more legitimate.

"According to the victims we have interviewed, these scammers then demanded that the victims immediately pay the money using Apple iTunes gift cards, Target gift cards, prepaid debit cards, wire transfers, Western Union payments or MoneyGram payments in order to avoid being immediately arrested", George told the oversight subcommittee for the House Ways and Means Committee. Those who do respond are told they must make immediate payment either by a specific prepaid debit card or by wire transfer.

As with any scam, the con artist can be extremely persistent.

Taxpayers and tax pros alike are reminded to be wary of anyone posing as an IRS agent, and should always report any suspicious activity.

The IRS receives up to 10,000 calls a week from individuals who have received calls from IRS agent impersonators. But college students, seniors and others continue to be caught off guard by the calls.

It's important to know that the scammers are sophisticated.

Many consumers, of course, can not imagine how some people don't simply hang up on the IRS impersonators after endless warnings over the past four years or so.

While these tax fraud calls can be frightening, there are measures you can take to protect yourself.

The caller threatens you with arrest. Legitimate debt collectors, including those acting on behalf of the IRS, will not claim the police are on their way.

Do not give out any information. Initially, it is not clear who the scammers are, but as they are forced to pick up their phone lines, they got so frustrated and they finally showed their true self - started cursing the revenge taker in Hindi. IRS tax collectors are based in the United States and will share their address and phone number if asked.

A band of Indian scammers got a dose of their own medicine after a man decided he had enough of their fake Internal Revenue Service calls and he made a decision to pay them back in kind.

Con artists invent new tax scams every day.



Like this

Latest


27 June 2017
Ecommerce firms get a breather on TDS, TCS
At that time, Finance Ministry had reminded them about billion dollar valuations, and the profits made by them. When that merchant pays GST later, then this tax payment will be credited back under tax collected at source.

27 June 2017
Tottenham 'can sign Schalke attacking midfielder Max Meyer for £17.5m'
Tottenham Hotspur have set their sights on Schalke wonder boy Max Meyer to bolster their ever-impressive midfield armoury. At club level the 21-year-old struggled to make the same impression last season that he had made in previous seasons.

27 June 2017
Trump eager for big meeting with Putin; some advisers wary
Trump also questioned why Obama administration officials took no action on Russian Federation before the election. And I hardly see it [in the media]", Trump said.

27 June 2017
Anonymous believes NASA is poised to announce discovery of aliens
The video has made a big splash online - so big that NASA science chief Thomas Zurbuchen addressed the rumor today (June 26). Anonymous has released a video that has claimed that NASA is just about to announce the evidence of alien life .

27 June 2017
Fuel truck explodes in Pakistan, 153 dead
Bahawalpur's Victoria Hospital said it was treating 40 victims , all of whom had suffered burns on at least 70% of their bodies. Police have said that the details remain unconfirmed, but cited witnesses who reported that a tanker tyre had burst.

27 June 2017
Tetra Tech, Inc. (TTEK) Cut to "Buy" at BidaskClub
On September 30 analysts at Loop Capital started covering the stock with an initial rating of "Buy" and a price target of $9.00. Tetra Tech, Inc is a provider of consulting, engineering, program management, construction management, and technical services.

27 June 2017
Supreme Court to Hear Case Gay Wedding and Bakery Case
In the cake case, Charlie Craig and David Mullins approached Masterpiece Cakeshop to order a cake for their wedding reception. Phillips has contended that the law violated his rights to freedom of speech and the free exercise of religion .

27 June 2017
Will Georgia's 6th District do this all again in 2018?
Kathleen Rice (D-N.Y.) said Thursday on MSNBC's "Morning Joe" that the time for Pelosi's leadership has "come and gone". Pelosi told fellow House Democrats in a letter Wednesday, "The House was in play before the Georgia race".

27 June 2017
The Cerner Corporation (CERN) to Buyback $500.00 million in Stock
Veritas Asset Management LLP bought a new stake in shares of Cerner Corporation during the first quarter worth about $186,725,000. The company reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $0.06.

27 June 2017
Indonesia Police Find Islamic State Propaganda Targeting Children
Last week, National police chief Tito Karnavian said that about 40 suspected militants had been detained in recent weeks. Share with Us - We'd love to hear eyewitness accounts, the history behind an article, and smart, constructive criticism.



Recommended