Search results
Results From The WOW.Com Content Network
A scheme circulating on social media is encouraging Americans to claim fraudulent tax refunds by ... But the repercussions can be significant if taxpayers are caught in this scam. The IRS can slap ...
Roughly 1.2 million taxpayers faced incredibly long waits last year for their tax refund cash after getting hit by tax-related ID theft, ... How some scams are hurting taxpayers and what IRS can do.
Within the email was a link for a Tax Return Form.” Mailing scams: The IRS warned taxpayers of a new mailing scam that tricks victims into believing they are owed a tax refund. In this scam ...
1099 OID fraud is a common scam used to obtain money from the U.S. Internal Revenue Service (IRS) by filing false tax refund claims. [1]Form 1099-OID is intended to be submitted to the IRS by the holder of debt instruments (such as bonds, notes, or certificates) which were discounted at purchase to report the taxable difference between the instruments' actual value and the discounted purchase ...
The IRS said this scam is being used to harvest valuable personal information. One such message included: "Dear Tax Payer, We hope this message finds you well. ... You will receive a tax refund of ...
Tax refunds are often a financial boost for Americans, but they’ve increasingly become the target of scammers who can use your identity to recover whatever money is owed by Uncle Sam.
This is a scam, and the IRS is trying to spread awareness so that additional taxpayers don’t fall prey to it. ... social media or text regarding either a bill or a tax refund. Instead, the ...
The Internal Revenue Service, in an alert, said a series of tax scams and inaccurate social media advice had led thousands of taxpayers to artificially inflate their refund claims. The bad advice ...