Identity Theft and Refund Fraud at the IRS: A Partial Solutionby Lawrence B. Gibbs
Given that PPP and ERC fraud remain top enforcement priorities for the IRS and IRS CI heading into 2025, taxpayers who have concerns need to address their concerns proactively. What does this mean? The short answer is, “It depends.” The IRS’ limited-time ERC Voluntary Disclosure Program ...
Tax season should be about filing your return and planning for the year ahead—not worrying about fraud. Unfortunately, criminals pose as the IRS to steal sensitive information like Social Security numbers, bank details, and passwords. Knowing how to spot and avoid these scams can help you prote...
Tax evasion or tax crimes have long been a problem for the IRS. Tax cheats cost both federal and state governments hundreds of billions of dollars per year. It is estimated that the collective cost of tax evasion over the last decade amounts to $3.09 trillion. Ever since the creation of ...
Protecting Your Finances: SmartBank’s Top Tips to Prevent IRS Phishing Scams and Tax Fraud Feb 5, 2024 Tax season is here, and with it comes the heightened risk of cyber threats. At SmartBank, we prioritize the security of your financial information. Here are our top tips to help you sta...
IRS Website AARP Resources You can also report scams to theAARP Fraud Watch Network Helpline, 877-908-3360. It’s a free resource, with trained fraud specialists who can provide support and guidance on what to do next and how to avoid scams in the future. ...
The IRS will never ask you for debit or credit card numbers by phone or demand immediate payments using specific methods, such as prepaid gift cards, debit cards, or wire transfers. The IRS will generally contact you first via U.S. Mail. ...
Mobile payment app fraud: The fraudster attempts to convince a user that they are from a legitimate organization, like the IRS or a company running a sweepstakes, and use payment apps like Cash App or Venmo to get money to an untraceable account. How do I improve security for my mobile...
Billions in U.S. COVID relief was lost to fraud and we still don't know how much damage was done
Get notified about the latest scams in your area and receive tips on how to protect yourself and your family with the AARP Fraud Watch Network.