Avoid These Tax Season Red Flags

Taxes within the US are notoriously challenging (even on the 1040EZ threshold) This is the reason the reason why a lot of Americans depend on tax assistance to maximize their savings or tax refunds. With all the confusion, and with the IRS making important changes every fiscal year, an ideal chance for fraudsters to test their tricks is provided. In the fall of 2014 the IRS observed an uptick the number of "aggressive telephone scams" and it continued to increase throughout the Christmas season, which is scheduled to peak just before the date of April 15, which is the deadline for filing taxes.

Although the IRS has released an online video that warns taxpayers to beware fraudsters on the phone and scammers, it is likely that there will become more unlucky victims when the tax deadline approaches. However, some education and knowledge can make a difference. The most obvious danger is receiving calls from the IRS. IRS does not call taxpayers, and if they must communicate with you , they'll send you a letter.

It's easier than figuring out Your AGI

The most effective way to stay clear of tax blunders regardless of whether you fall into a scam, or not taking advantage of every deduction that is possible and tax deduction, is to trust an expert tax service company to handle the overwhelming task. Better yet entrepreneurs and business owners can deduct the tax service they received this year the following year. However, this isn't enough to stop scammers from using tricks that could force some individuals to hand over their hard-earned money.

As per John Koskinen, a commissioner of the IRS, "In recent weeks, we continue to see these telephone scams in every part of the country. We have formal processes in place for people with tax issues. The IRS respects taxpayer rights, and these angry, shake-down calls are clear warning signs of fraud. This is not how we do business-we urge people to be careful when they get these threatening phone calls." Do you think a scammer is targeting you? Here's how to tell.

• They're strict about certain payment methods. Apart from it being the case that IRS will not call you, they'll also never require a specific kind of payment. In fact they're not even requesting it. IRS would like to make it as simple as possible to pay your tax. If a person calls and asks for the payment using an "weird" method, like an prepaid debit card you'll know you're dealing with a fraud.
• They're in need of a credit/debit card number today. Be sure to be clear about the IRS however they're fairly flexible in terms of the payment terms and times. They're not going to be able to access your debit or credit card number or card number, and you shouldn't divulge your personal information over any phone call to someone who contacts you directly.
• They're demanding payment today. If you've never received a notice in the mail describing the amount due, and, of course, from the IRS and they're not likely to ask for payment immediately. Making sure you leave a paper trail is essential for the IRS as well as for you.
• They'll are threatening you with threats. In some cases, scammers threatened to contact the police or a government agency and put you in jail for not being able to pay. This isn't the way the system functions. If you've been victimized by this then it's time to file a complaint any abuse.

If you believe you have a tax obligation, contact to the IRS by phone at 800-829-1040 (see the way they rearranged it by using the last four digits?). If you believe you're the victim of a fraudster, call the police, perhaps an attorney, and you can contact the Treasury Inspector General Tax Administration at 800-366-4484.

Jill Smith is a writer and researcher. she is also the director of Content Marketing Digital for Be Locally SEO where she loves helping clients grow and enhance their business through blog posts, articles, website content, and more.

Visit: https://americantaxservice.org/