Fraudsters never rest, not even during a global crisis like the COVID-19 pandemic. In fact, you could make the case that they look forward to moments of general confusion to take advantage of unsuspecting victims.
That’s why today we would like to talk about four types of tax-related scams that are on the rise.
One of the favorite tactics of cybercriminals is sending fake emails or links to websites that request personal information. In this regard, there are a couple of simple rules that can save you a lot of time. First, remember that the IRS will never contact you by email about a tax bill or about your Economic Impact Payment. The second rule is to never provide your personal details by email or through a website you arrived at through a link on a suspect email.
2. Fake Charities
Pretending to represent a charity is a classic fraud scheme, and the ongoing pandemic has given criminals an ideal opportunity to use this tactic. People have an understandable desire to help others, and fraudsters take advantage of it. A good way to avoid falling for this scam is by rejecting any unsolicited contacts by phone, email, text, social media, or in person.
3. Phone Calls Impersonating the IRS
Criminals have taken to making calls impersonating the IRS itself to extort money with threats. Remember: the IRS will never call you threatening with jail or deportation if you don’t settle your tax bill. These supposed charges are fake, and these calls are in no way related to the IRS.
4. Social Media Scams
While social media comes with many benefits, it’s also a medium ripe for fraud, particularly in the case of people who are using technology for the first time. Senior citizens are becoming new users of social media at an increasing rate and may be particularly vulnerable to fraud. If you are a senior citizen yourself, or if you know any senior citizens, on the lookout for suspect messages—they may be an attempt to steal personal information.
Contact the Experts at Meadville Tax Service
At Meadville Tax Service we have made it our mission to help you file your taxes efficiently, limiting your tax liability while staying compliant with federal tax regulations.