Scams

Due to the recent changes in the country’s economy, more and more people are becoming self-employed, running businesses from their homes. It gives an opportunity for unscrupulous tax preparers to falsify information on their tax returns to gain big refunds.Self-employed should be wary of tax preparers that try submit false information on their tax return,…

Unintentional mistakes in a tax form can attract penalty up to 20 percent, depending on the severity of the mistake. Tax fraud, on the other hand, can result in penalties and/or jail time. The IRS can spot an honest mistake in a tax form as opposed to intentional “mistakes” because intentional theft usually aims at…

Tax frauds use technology to steal taxpayers’ identities online. Fake web pages, phishing emails, and malware are just some of the methods they have been known to use to extract sensitive tax filing information. Even though tax fraudsters target every taxpayer, the trap is also laid for those seeking tax help for e-filing and tax…

Many taxpayers who have a tax debt plan to pay their back taxes when they file this year. It is a straightforward process if taxpayers are paying the entire amount does not need professional assistance. However, paying a tax debt in full is just one of the methods taxpayers have to resolve back taxes. There…

During tax season, many taxpayers are surprised to discover that their tax returns have already been filed. Identity theft is a crime that can easily be carried out electronically. Many tax thieves steal the identity of taxpayers online through I.D. phishing and file false tax returns through IRS e-filing and get big money in refunds…

Identity theft is rising when it should be decreasing. The IRS and various law enforcement agencies claim to bust tax scams every year, but judging from the rising figures of tax theft, there still is more to be done.The ease of the crime, the distance between the victim and the criminal, and the essentially non-violent…

The term ‘tax relief company’ has a bad connotation attached to it because of some fraudulent tax companies. The now well-known scams of American Tax Relief, Roni Deutch, and Tax Masters caused widespread distrust of tax relief companies. Taxpayers have begun to doubt any and every company that provides tax resolution services.Some fraudulent companies took…

During the past few years, many well-known national tax resolution companies were discovered to be running scams. These multi-million dollar tax scams shocked the nation with their enormity. After it became general knowledge that many tax relief companies cheat taxpayers using exaggerated upfront fees, false advertising, and business malpractices, taxpayers began to mistrust the tax…

One of the biggest indications of the tax season starting is the appearance of spam emails from the IRS or reputed banks in your inbox. These emails are not who they say they are. They are spammers trying to collect information from taxpayers in order to defraud the government out of your tax refund money….

Taxpayers who are under tax debt and are looking to resolve it by taking outside help are always susceptible to promises of tax debt reduction by tax services. Fraudulent tax services take advantage of this susceptibility and dupe innocent taxpayers into paying them bloated fee for tax resolution. Tax relief scams of some of the…