Economy

Alabamians owed $18 million by IRS: Are you on the list?

Alabamians owed $18 million by IRS: Are you on the list?”

In one version of the scam reported to the IRS, a taxpayer reported receiving a fraudulent refund, and later getting an automated call with a recording of someone claiming to be from the IRS.

If challeneged, you may have to submit additional information, change your return, pay more taxes or face penalties.

The deadline to file that 2014 return is April 17, 2018, or that money goes back into the federal treasury for good.

"We're trying to connect a million people with their share of $1.1 billion in unclaimed refunds for 2014", said Acting IRS Commissioner David Kautter.

Krebs on Security, a website that digs into cyber crime, recently revealed just how sophisticated this particular scam has become. The message threatened the victim with criminal fraud charges, an arrest warrant and a "blacklisting" of the victim's social security number.

If a taxpayer receives an erroneous federal tax refund, the IRS encourages the taxpayer to visit this link for a step-by-step explanation on how to proceed. "You can hang up the phone and contact the IRS directly and ask if you owe them money".

Contending in an official looking communication that mistakes in sending refunds are common, the debt collectors include a wide array of personal information about the victimized taxpayer to make the communication seem legitimate and even include an attachment that appears to be an official IRS correspondence, called a "transaction error correction letter", according to Krebs.

The Revenue Department and IRS will never call demanding immediate payment of past-due taxes.

Scammers use multiple methods to trick victims out of their money, according to Hiya, a phone spam protection company that analyzed the growth in tax scam calls made in January and February of this year versus 2017.

Make sure you are educated about phishing schemes, which involvefraudulent email messages that are created to steal sensitive information, such as passwords, usernames or personal financial information.

Use strong, unique passwords and different passwords for each account. Elect to automatically update the software. If it's not a URL you recognize or if it's an abbreviated URL, don't open it.



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