IRS’s ‘Dirty Dozen’ tax scams for 2021

The IRS has recently released their “Dirty Dozen” list of the 12 most common tax scams to be on the lookout for. They are categorized as pandemic-related scams, personal information cons, ruses focusing on unsuspecting victims and schemes that persuade taxpayers into unscrupulous actions. Don’t miss: Closing a California business Phishing – Taxpayers should be …

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IRS lays out steps to protect against identity theft

It’s no secret identity theft is a major problem. And if you fall victim, a major headache. It would be great if identity thieves steal your tax information to pay your tax bill, but no. They’re stealing your refunds. Here are some steps to protect against identity theft the IRS suggests to keep your identity …

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IRS transcripts masked for identity protection

Identity theft has long been a serious issue for taxpayers in the United States, with thousands of taxpayers each year having their personal information fall into the wrong hands. Fortunately the IRS has taken yet another step to combat this growing trend – since December 13, sensitive information has been masked on taxpayer transcripts. Don’t …

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Are you an identity theft victim?

The amount of identity theft cases continues to increase each year and could even affect your tax return and/or refund. Identity thieves will use another individual’s social security number in order to file a false tax return to claim a refund. This tends to happen early in the tax filing season. You may be a …

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Did my doppelganger file for unemployment or am I a victim of fraud?

You received mail from the Arizona Department of Economic Security (DES) regarding your recent application for unemployment benefits. Trouble is you never applied for unemployment. Don’t just drop the letter in the trash. You could be a victim of identity theft, and Arizona wants to hear about it. Fraud is common with unemployment but since …

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How to report identity theft to the IRS

In the United States, approximately 33% of adults have experienced some form of identity theft, which is more than twice the global average. One of the most common forms of identity theft occurs through tax fraud. It is estimated that tax identity theft costs US taxpayers $5.2 billion annually. To combat this growing issue, the …

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Identity theft: how to stay ahead of fraud

Identity theft has become a huge issue in recent years. These thieves are taking your personal information and filing phony tax returns to try to make some quick cash. In order to fight against cybercriminals the IRS has launched a public campaign called “Taxes. Security, Together.” The IRS is doing everything they can to detect …

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W-2 verification: help the IRS fight fraud

In its continuing effort to fight tax refund fraud, the IRS is asking taxpayers and tax preparers to assist by using the new 16-digit W-2 verification code. If your 2017 Form W-2 includes a 16-digit verification code, IRS encourages you to enter it when prompted if using software to prepare your return. In addition, the …

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Protecting against phishing scams this tax season

Betty opened up her email and scanned through her messages. One in particular stood out, from the Internal Revenue Service (IRS), so she clicked on it and began to read. It appeared that there was an issue processing her refund, and the IRS needed some additional information from her. So, she clicked on the link …

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E-filing your tax return? Prove your identity first

As part of its continued effort to thwart tax refund fraud, the Internal Revenue Service strengthened its e-filing validation process for the 2017 tax filing season. When e-filing a tax return, all taxpayers must validate their identity by submitting their date of birth and “shared secret information” which is: Your 2015 adjusted gross income, or …

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