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Avoiding Tax Scams, Fraud, and Identity Theft

By Lineweaver Financial Group
October 20, 2017 Category: Tax Scams, Tax, Taxes, Fraud, Identity Theft

As if paying taxes each year werent painful enough, there are also scammers out there that want to make the process even more challenging. Today, well talk about a couple of the most common scams that you should be aware of. Perhaps the best thing to do is to remind everyone what the IRS wont do. In the past several years, thousands of people have lost millions of dollars and their personal information to tax scams, identity theft, and illegitimate IRS communications. Criminals will oftenuse mail, telephone, fax or email. Always remember that the IRS doesntinitiatecontact with taxpayers by any means to obtain your personal or financial information.The IRS also does not threaten taxpayers with lawsuits, imprisonment or other enforcement. They also dont use channels like social media or text messages, and dont send unsolicited emails. They wont call to demand payment theyll always send a bill in the mail first. If you do get a bill, look up the number for the IRS and call them first.