The article reports on a warning issued by the U.S. Internal Revenue Service in 2005 about an Internet phishing scam that tells taxpayers they are eligible for a federal tax refund. It provides information on how this scam operates. Some examples of such scam are given....
For the Solo 401(k), there is also a premium of $500 and a basic with $199. With both the prices, you will get a free consulting service for a year, and they will arrange all the forms and restatements of the IRS requirements. The filling of IRS form 5500-EZ will be only done ...
In one scenario, for which the IRS has already sent several warnings, a scammer will use your Social Security number to file a tax return in your name and then claim the refund. The biggest red flag in this scam is being pressured to act quickly. In actuality, the IRS will give you t...
Gold Bullion Exchanges offers silver coins and bars from different mints for any future purchases with very competitive pricing. There is also a list of products that are not among the traditional silver bullion, like rounds and junk silver. Silver Coins American Eagle in Silver Buffalo American S...
When the check arrives, they cash it and leave you to deal with the IRS when the scam catches up with you. 📚 Related: How To Tell if Someone Is Scamming You Online→ 7 Ways To Protect Yourself From Criminal Identity Theft Use strong passwords, two-factor authentication Keep your wallet...
For example, a scammer might send an email purporting to come from the IRS. This email tells the target that there is a problem with their tax return. To resolve the issue, the target must call a phone number provided in the email, which connects them directly to the scammer. ...
There may be some limits for highly compensated employees, as determined by the IRS. How to Withdraw From a 401(k) To avoid penalties, you’ll typically need to wait until age 59 1/2 to withdraw funds. If you take out money before age 59 1/2, you could be charged a 10% penalty...
These smishing messages claim to come from a shipping company such as FedEx, UPS or the US Postal Service. They tell the victim there was a problem delivering a package and ask them to pay a “package delivery fee” or sign in to their account to correct the issue. Then, the scammers...
This position is often confused with that of a revenue agent, who conducts audits of tax returns.2 There have been reports of phone scammers claiming to be IRS revenue officers. The IRS has a consumer site with regular updates on the latest tax-related scams.3 Special Considerations While ...
late. However, there are a few ways you can keep up-to-date with any unusual activity that may be related to someone else using it. You can monitor your credit reports and bank accounts, verify your income with the Social Security Administration, and request tax transcripts with the IRS. ...