Most tax return preparers provide honest, high-quality service. But some may cause harm through fraud, identity theft, and other scams. It is important for taxpayers to understand who they’re choosing and what important questions to ask when hiring an individual or firm to prepare their tax ...
first detected last year, has been revived and potentially could expose innumerable employees to tax identity theft. It’s a multibillion-dollar fraud that strips real taxpayers of their legitimate government refunds.
Probably the most notable step the agency has taken to protect taxpayers has been a rollout of an identity protection (IP) PIN. Essentially, if you've been a victim of tax fraud, the IRS will issue a PIN number to use when filing electronically. This is designed to address a pro...
By:FEDweek Staff The IRS “was slow” to react to stop a fraud against a function that serves tax professionals after warnings from other functions, an IG report has said, resulting in more than $47 million in losses from fraudulent tax returns. ...
Seehow to report tax return fraud to IRS. Personal information, credit card fraudulently used on eFile.com. How to Identify Scam Calls? Scammers may contact you through your cellphone or landline telephone number. These can be IRS impersonations claiming to require payment of debt, but there ...
"Scam artists and social media posts have perpetuated a number of false and misleading claims that have tricked well-meaning taxpayers into believing they’re entitled to big, windfall tax refunds," IRS Commissioner Danny Werfel said. "These bad claims have been caught during our fraud r...
George "Rocky" Festa: Aventura had nearly their entire department, which was 50-some-odd officers got hit. Davie Fire and Davie Police, it was in the hundreds. They were all victims of tax return fraud. Festa and his partner Craig Caitlin now work exclusively on tax refund cases and were...
IRS cracks down on fraud as tax return season beginsBy Matt Stevens
Weekly output: locked phones, tax-return fraud Posted onFebruary 25, 2018 1 BARCELONA–Mobile World Congressofficially starts tomorrow, but I’ve been here since Saturday morning and have already attended five vendor events here. The one you’ve read most about, Samsung’s unveiling of the Gala...
. Essentially, refund fraud is defined by the IRS on page 9 of their annual report as the act of “[filing] fraudulent tax returns to steal government funds.” If you’ve added entitlements to your return in order to increase your tax refund amount, you’ve committed this form of fraud...