Beginning in January 2021, the Internal Revenue Service (IRS) will be expanding the voluntary Identity Protection PIN (IP PIN) program. What Is An IP PIN? An IP PIN is a six-digit number assigned to eligible taxpayers to help prevent tax refund fraud on federal income tax returns. An IP PIN helps the IRS to verify…
Despite a steep drop in tax-related identity theft in recent years, the scam remains serious enough to earn a spot on the agency’s 2019 “Dirty Dozen” list of tax scams. That’s why the Internal Revenue Service (IRS) has dedicated a section of its website to address identity theft. Identity Theft Central is intended to improve online access to information on…
Internal Revenue Service (IRS) Commissioner Chuck Rettig has a message to taxpayers about personal data security. Rettig reminds taxpayers that while the IRS is working hard to get ready for tax season, “You know who else is working hard? Identity thieves.” He adds, Let’s not make it easy for them. Rettig offered a few tips…
The more you know about how to protect yourself, the better chance you have to not be a victim. Here are 13 tips help you protect yourself from identity theft, scams, and fraud:
Figuring out Social Security and Medicare taxes and benefits can be confusing for taxpayers, and increasingly, taxpayers are turning online and to professionals for help. Unfortunately, the Social Security Administration (SSA) warns, some taxpayers seeking information are also being taken advantage of by thieves and scammers. Here’s what you need to know. First, there is a…
The Internal Revenue Service (IRS) is warning about a new identity theft scam targeting international taxpayers and non-resident aliens. Here’s what you need to know.
Just when you thought you’d read about all of the tax scams: The Internal Revenue Service (IRS) is warning taxpayers about a new – and growing – scam involving erroneous tax refunds being deposited into real taxpayer bank accounts. Then the crooks use various tactics to con taxpayers into turning over the funds. It’s a new twist…
With tax season in full swing, identity theft related tax fraud has become a hot topic. While taking steps to protect yourself from identity theft is always smart, it’s important that you don’t get too caught up in the hype. Here are five things you need to know about identity theft and tax returns.
Tax forms were due to most taxpayers yesterday (click here for more about due dates) but that doesn’t mean that scammers are taking a break. The Internal Revenue Service (IRS) continues to remind taxpayers about a form W-2 phishing scam that could make the rounds again in 2018.
The Internal Revenue Service (IRS) has issued an alert about a new email scheme targeting taxpayers. Here’s what you need to know to protect yourself.