Business and Finance Business and Finance
Tue, December 17, 2024
[ Tue, Dec 17th 2024 ] - MSN
AI 'revolutionising' data analytics
[ Tue, Dec 17th 2024 ] - MSN
The Future of Syria's Kurds
[ Tue, Dec 17th 2024 ] - AOL
Get paid to work out with these 9 apps
[ Tue, Dec 17th 2024 ] - MSN
DHS overhauls H-1B visa program
[ Tue, Dec 17th 2024 ] - MSN
How Trump divided Trudeau and Freeland

On the Naughty List: Holiday Tax Scams to Look Out For


Published on 2024-12-17 11:20:59 - Kiplinger
  Print publication without navigation

  • The IRS says scammers are on the prowl for your financial information. Know the signs so you don't fall victim.

The article from Kiplinger discusses various tax scams that become prevalent during the holiday season. It highlights how scammers exploit the festive period to deceive taxpayers through schemes like fake charities, where individuals are tricked into donating to non-existent or fraudulent organizations. Another scam involves phishing emails that mimic communications from the IRS or other tax authorities, aiming to steal personal information or money. The article also warns about the "IRS Refund" scam, where fraudsters claim you are due a refund but need your personal details to process it. Additionally, there are mentions of unscrupulous tax preparers who promise large refunds in exchange for a hefty fee, only to disappear after filing fraudulent returns. The piece advises taxpayers to be vigilant, verify the legitimacy of any tax-related communication, and use official IRS resources to check the authenticity of tax preparers and charities. It emphasizes the importance of protecting personal information and being cautious of unsolicited contacts, especially during the holiday rush when people might be more distracted or generous.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/taxes/naughty-list-holiday-tax-scams ]