Scams Increase Post Tragedies
Last updated on April 24, 2022
The IRS periodically updates taxpayers on the various methods scammers use to dupe taxpayers into sharing their personal and financial information. Currently, the IRS shares tips to help taxpayers avoid scammers who are targeting charitable donations to the recent Boston Marathon tragedy.
Scammers are posing as charities to collect donations from well-intentioned taxpayers. As many people donate to the victims of tragedies being covered by news channels and the media, scammers are more likely to use the cover of those tragedies to make quick money.
When donating money to charities, taxpayers should avoid paying with cash, write all checks to the organization and not an individual, and always request a receipt. Taxpayers can also call the phone numbers of the charitable organization to check its authenticity.
Legitimate charitable organizations can be found on Federal Emergency Management Agency (FEMA) website, fema.gov, to confirm their legitimacy. The IRS only considers legitimate and registered charities for tax benefits.
For tax purposes, taxpayers must ask for a receipt, or contribute by check or credit card. The IRS will need documentary proof of the charitable donation at the time of tax filing. It is best to donate through charities that have a reputation, to the funds reaching the intended source.
Recent Posts
- Tax Implications of Selling a Home in 2024
- Maximizing Your Tax Refund: Deductions and Credits You Shouldn’t Miss
- How the Foreign Account Tax Compliance Act (FATCA) Affects Expats
- IRS Notices: What They Mean and How to Respond
- Essential Tips for Filing Your Taxes Early and Error-Free
- Tax Breaks Every Homeowner Should Know in 2024
- What to Do if You Owe Back Taxes: IRS Debt Relief Options
- How to File Taxes as a Small Business Owner: A Complete Guide
- How to Identify Tax Scams and Avoid Fraudulent Tax Relief Companies
- Seeking Help for Back Taxes Relief