Here’s how taxpayers can avoid the hooks of phishing scams
Knowledge and awareness. Those two things can protect taxpayers and their family members from getting caught up in a phishing scam.
A phishing scam is often an unsolicited email or a website that looks like a legitimate site designed to trick users. The scams convince people into providing personal and financial information. Scam emails can arrive to personal and work accounts on computers, smartphones and tablets.
Phishing scams often use one or more of these tactics. The scammers:
Pose as a trusted bank, favorite …
From www.IRS.gov:
Each year, the IRS sends millions of notices and letters to taxpayers for a variety of reasons. Here are ten things to know in case one shows up in your mailbox.
1. Don’t panic. You often only need to respond to take care of a notice.
2. There are many reasons why the IRS may send a letter or notice. It typically is about a specific issue on your federal tax return or tax account. A notice may tell you about changes to your account or ask you for more information. It could …
From www.irs.gov: IRS Tax Tip:
Most people get their W-2 forms by the end of January. Form W-2, Wage and Tax Statement, shows your income and the taxes withheld from your pay for the year. You need it to file an accurate tax return.
If you haven’t received your form by mid-February, here’s what you should do:
Contact your Employer. Ask your employer (or former employer) for a copy. Be sure they have your correct address.
Call the IRS. If you are unable to get a copy from your employer, you may call the …
Author– Elizabeth MacBride
Many taxpayers use TurboTax until they hit certain triggers in the complexity of their financial lives. If you spent more than a few hours on your taxes this year, it’s time to ask yourself whether it makes sense to outsource this portion of your financial life to an accountant.
One of my rules in life – a rule that helps keep me balanced – is to outsource what I don’t enjoy or what someone else can do better than I. If you don’t enjoy something and you can hire someone …
Scams continue to use the IRS as a lure. These tax scams take many different forms. The most common scams are phone calls and emails from thieves who pretend to be from the IRS. Scammers use the IRS name, logo or a fake website to try and steal money from taxpayers. Identity theft can also happen with these scams.
Taxpayers need to be wary of phone calls or automated messages from someone who claims to be from the IRS. Often these criminals will say the taxpayer owes money. They also demand …