Posted on July 25, 2023

When you encounter a tax scam, you have to be careful not to fall victim to it. Also, it’s important that you report it so the scammer isn’t able to dupe others. Whether it’s a scam email, phone call or a text message aimed at stealing your identity, it should be reported to the IRS,... Continue reading →

Posted on July 24, 2023

A tax debt is not difficult to resolve if you take the correct steps from the start. If you have the financial ability to pay the entire tax debt at once, then you certainly don’t need to hire expert help or apply for a payment plan. You simply pay the full amount of tax debt... Continue reading →

Posted on July 23, 2023

Most people trust a tax return preparer to honestly handle their returns, but there are some “professionals” who want to make quick money by filing fraudulent returns. Fraudulent return preparers will use false deductions and credits to get huge refunds without the knowledge of the taxpayer. Sometimes, though, they will convince a taxpayer to collaborate... Continue reading →

Posted on July 22, 2023

Tax scammers continue to change their methods of operation. As taxpayers become familiar with their tactics, the methods of scamming evolve. The latest tax scam that the IRS has alerted taxpayers to is the ‘Update your IRS e-file’ scam. This is a phishing scam where the email appears to be from the IRS and has... Continue reading →

Posted on July 21, 2023

Identity theft is one the most widespread tax scams in the country. Every year, thousands of taxpayers learn their identities have been stolen to carry out tax and financial crimes. In the case of a tax refund fraud, taxpayers usually realize that their identity has been stolen once they go to file a tax return.... Continue reading →

Posted on July 18, 2023

For those taxpayers that do not have the financial capability to pay their entire tax debt amount, the IRS has designed payment plans to help them resolve their back taxes. If you can only resolve your tax debt by paying a reduced amount in tax debt, you may consider payment plans such as Offer in... Continue reading →

Posted on July 17, 2023

Resolving back taxes often worries taxpayers, but if they carefully research their options, there will be less cause for stress. Considerations such as choosing the right payment plan, determining finances, and whether to hire professional assistance all factor in to finding the most affordable, sensible tax resolution. When considering resolution options, remember to review the... Continue reading →

Posted on July 17, 2023

The IRS phone scam is the latest tax scam that shocked the nation when it was first discovered several months ago. Dubbed the largest tax scam of its kind, in this tax scam, scammers use the facade of the IRS to intimidate taxpayers to immediately pay their tax debt through wire transfer or prepaid debit... Continue reading →

Posted on July 15, 2023

Tax scammers use stolen identities to conduct tax and financial crimes such as filing fraudulent tax returns and raiding bank accounts. The basic information scammers need to file a fraudulent tax return includes tax filing status, name, and Social Security Number of a taxpayer. A scammer usually files multiple fraudulent tax returns, sometimes in hundreds,... Continue reading →

Posted on July 14, 2023

Tax scammers use various means of contacting you to steal your information. Their mission is to convince you to transfer money to them on pretence of being the IRS, a law enforcement agency, a bank, etc. To protect yourself from tax scammers, you need to understand the methods they use to manipulate and deceive you.... Continue reading →