Economy

Tax season means scam season. Here are the IRS' 'Dirty Dozen' schemes

Tax season means scam season. Here are the IRS' 'Dirty Dozen' schemes

And people are even more susceptible to scams this year because of confusion about the new tax law.

Hassell's department recently alerted tax-filers of a new scam: Thieves will loot client information from tax professionals, file a fraudulent return in the client's name and deposit the refund in the client's bank account. "This behavior is especially common early in the year when many taxpayers are preparing to file their tax returns".

"Spend some time to check out the link utilized in an email- apparently from the IRS or any other tax agency- for any unusual attachments or extension to the domain", advised by the author.

The IRS said these scammers often change caller ID numbers to make it look like the IRS or another legitimate agency is calling, and they often have private information about the intended victim to make the call sound official. Taxpayers who owe the IRS or the state, may find their refund used to pay off those debts. A legitimate website will have an "s" in https, noting it is secure, Reed said.

Authorities say as part of her plea on Monday, Lavyette Anna Louisa Garcia, 41, admitted that she prepared tax returns for a fee while living in Oxford and Norwich.

More news: Bruce Springsteen extends Broadway shows until year end

It's a scam - getting an email claiming to be from the IRS and asking for your bank account information to deposit your refund.

"You really have to be leery of any cold calls", said Reed.

"For younger people who don't have taxes top-of-mind, or have never invested before, they're shocked", Cathie Wood of ARK Invest told CNBC.

IRS official Raphael Tulino said unsolicited phone calls from the IRS should be regarded with suspicion.

In the most common tax scams, IRS impostors claim that you owe money and threaten lawsuits or arrest if you don't pay immediately by credit card or by wiring the money or sending a prepaid debit card or gift card.


  • Delhi allocates 26% to education in its budget

    Delhi allocates 26% to education in its budget

    In the Delhi Budget 2018, Arvind Kejriwal-led Delhi government put education, health and environment on its top priorities. Government also announced their plans to introduce a new cirriculum- Happiness Cirriculum in government schools.
    Cobra Kai Full Trailer: The Karate Kid Saga Continues

    Cobra Kai Full Trailer: The Karate Kid Saga Continues

    This is where we stand right now, on the verge of the greatest comeback of all-time with the return of the Cobra Kai . The 10-episode first season premieres on YouTube Red on May 2.
    God Of War PS4 Has Gone Gold

    God Of War PS4 Has Gone Gold

    All that remains is the manufacturing and shipping part of the process. "Going gold means so much more to me with this game". There are two big milestones for a game, the "greenlit" and the "going gold".
  • Conservative Rep. Dan Lipinski holds narrow lead in IL  primary election

    Conservative Rep. Dan Lipinski holds narrow lead in IL primary election

    In a barrage of early campaign ads and on the stump, Newman questioned Lipinski's commitment to LGBQT issues and low-wage workers. Bill Lipinski, waited until after the primary to announce his resignation and steer the nomination to his son.
    49ers' all-time leading rusher, Frank Gore, signs one-year deal with Dolphins

    49ers' all-time leading rusher, Frank Gore, signs one-year deal with Dolphins

    At 34 years old, Gore finished 2017 with 961 total rushing yards which was just short of a tenth career 1,000-yard season. Gore is no longer the player he used to be but he is around 74 yards shy of moving into 4th place all-time in rushing.
    Police investigate armed robbery in rural Shuswap

    Police investigate armed robbery in rural Shuswap

    Youngstown police are investigating a shooting that took place at around 7 p.m. Cigarettes and airtime, among others, were stolen during the robbery.
  • Raise 3: New Poster is Out

    Raise 3: New Poster is Out

    Meanwhile, Sonakshi Sinha has started shooting for a special dance number along with the entire cast of Race 3 including Salman. This is the first time Salman's name will appear in the credits as a lyricist. veryone loved it when Salman read it out.
    Philadelphia Eagles agree to sign WR Mike Wallace

    Philadelphia Eagles agree to sign WR Mike Wallace

    Wallace had just 30 catches for 473 yards and two touchdown receptions in one year with Minnesota before he was released. The Eagles are looking for a fourth option in the passing game behind Alshon Jeffery , Zach Ertz, and Nelson Agholor .
    Trailer : The Spy Who Dumped Me

    Trailer : The Spy Who Dumped Me

    Kate McKinnon and Mila Kunis seem like they should make a great medic pairing. Most action-comedies are too heavy on the action, and too light on the jokes.
  • Chattanooga area shows steady population growth

    Chattanooga area shows steady population growth

    The top 10 largest metro areas did not change rank. "I always take the census projections with a bit of a grain of salt", Mr. Recently, projects like Celebration Point and Butler Plaza are aiming to attract more people into Alachua County.
    ITV has made the official decision on Ant's Saturday Night Takeaway replacement

    ITV has made the official decision on Ant's Saturday Night Takeaway replacement

    However, Dec said that everyone at ITV and the Takeaway team felt they "owe it to the audience to complete the series". Paloma Faith will be performing the End Of The Show Show and The Script will also be on hand for Singalong Live.
    Big Relief For AAP MLAs!

    Big Relief For AAP MLAs!

    Prashant Patel had petitioned then President, Pranab Mukherjee, that 20 of the AAP legislators were occupying offices of profit. On January 21, President Ram Nath Kovind approved the disqualification. "There is a principle of natural justice".