The IRS WON’T Call You Out of The Blue: Beware of Scammers

Brian SingletonBlog, Watch Your Wallet

This was posted to a CPA mailing list we follow: The IRS scammers were in full force last week in our small corner of the universe. By noon on Thursday, they had called my house twice, I had 6 calls to the office with scared clients, and the 911 operators received 25 calls from very worried people. That afternoon I had more anxious callers. Yesterday, at church, I had a line of folks asking me if they should come to … Read More

Identity Theft and your Taxes

Brian SingletonBlog, Watch Your Wallet

Tax-related identity theft occurs when someone uses your stolen Social Security number to file a tax return claiming a fraudulent refund. It presents challenges to individuals, businesses, organizations and government agencies, including the IRS. Learning that you are a victim of identity theft can be a stressful event and you may not be aware that someone has stolen your identity. In many cases, the IRS may be the first to let you know you’re a victim of ID theft after … Read More

IRS Repeats Warning about Phone Scams

Brian SingletonBlog, Watch Your Wallet

The Internal Revenue Service and the Treasury Inspector General for Tax Administration continue to hear from taxpayers who have received unsolicited calls from individuals demanding payment while fraudulently claiming to be from the IRS. Based on the 90,000 complaints that TIGTA has received through its telephone hotline, to date, TIGTA has identified approximately 1,100 victims who have lost an estimated $5 million from these scams. “There are clear warning signs about these scams, which continue at high levels throughout the … Read More

IRS Warns Taxpayers of New E-mail Scams

Brian SingletonBlog, Old Site, Watch Your Wallet

The IRS continues to issue warnings on new e-mail scams. New e-mail scams appear almost monthly and the IRS wants taxpayers to know that these e-mails are scams and what taxpayers should do (and not do) if they receive a questionable IRS e-mail. First, taxpayers should know that the IRS does not send out unsolicited e-mails or ask for detailed personal and financial information. Further, the IRS never asks people for the PIN numbers, passwords or similar secret access information … Read More