Tax Fraud Tips for the Filing Season

Last updated on January 15, 2014

The tax season will open on  January 31^st, 2014. During tax filing season, tax fraudsters file fraudulent tax returns using a stolen Social Security Number, filing status and other personal details of taxpayers. After stealing the essential details, they fill in the rest of the information on a tax return to claim huge refunds. Every year, the IRS receives thousands of fraudulent tax returns filed by tax scammers. Although the IRS detects many of the fraudulent returns, some still remain unnoticed.

To avoid becoming a victim of tax fraudsters, it is best to file early. It will ensure that your return is processed early and you receive the refund at the beginning of the tax season. It will reduce your exposure to the threat posed by identity thieves.

Expect and prepare yourself for tax fraudsters. Know that they will send you fake emails, messages and call you over the phone. This knowledge will help you to block their efforts better.

Keep yourself informed about the latest methods tax fraudsters are using this tax season to victimize taxpayers. The IRS updates taxpayers on its website about the latest scamming efforts of tax fraudsters, especially during the tax season.

Keep your tax, financial and personal information safe. Apart from your tax information, the scammers might also be looking to steal your PIN, bank account details, etc. Do not share any sensitive information with unverified sources.

You can easily defeat tax scammers with a little caution and knowledge. To have a safe filing season, file safe and file early.