Phone Scams on the Rise
The IRS is warning everyone to be aware that recent phone scams seem to be continuing and will most likely pick up in frequency during tax season.
Calls from people identifying themselves as IRS agents and demanding that people pay taxes due via credit or debit card over the phone are increasing, and that can only mean that people are falling for the scam.
The IRS is one of the most feared governmental agencies, and thieves know it. They are praying on those unfamiliar with how the IRS operates and are voluntarily giving scammers their credit card information over the phone. A fast-talking scammer can make an unsuspecting target do things out of fear.
It is pretty easy to spot a fake, though if you know just a few things. One such scammer demanded that the taxpayer use only a popular department store gift cards to pay their back taxes. Such a request should be an automatic sign of fraud.
The IRS has published a list of five things that the IRS does not do that the phone scammers are doing. Any one of these five is a sign that you have a scammer on the phone. The IRS will never:
- Call to demand immediate payment, nor will the IRS call about taxes owed without first having mailed you a bill.
- Demand that you pay taxes without giving you the opportunity to question or appeal the amount they say you owe.
- Require you to use a specific payment method for your taxes, such as a prepaid debit card.
- Ask for credit or debit card numbers over the phone.
- Threaten to bring in local police or other law-enforcement groups to have you arrested for not paying.
Also remember the IRS does not use unsolicited email, text messages or any social media to discuss your personal tax issue.
Make sure that everyone in your extended circle knows the facts. The IRS will not call you over the phone to demand tax payments.
.. And as always, if you do receive a letter from the IRS or have any tax questions, give us a call at FLORIDA FAST TAX, at 772-236-9006!
Many EITC filers will be receiving their refunds later than normal this year due to a change in the tax law that requires the IRS to hold refunds of those claiming the EITC and ACTC (Additional Child Tax Credit) until mid-February. Refunds will most likely not hit bank accounts or debit cards until the week of February 27th.
If you have questions or concerns or need to make sure you are filing to get the maximum benefit please call us at Florida Fast Tax at 772-236-9006
Are You Getting the Tax Benefits You Deserve?
If you are caring for your grandchildren you might be eligible for the Earned Income Tax Credit (EITC). The IRS claims that many grandparents miss out on this valuable tax benefit.
Whether you are working or retired if you are caring for grandchildren and can claim them as dependents you might be eligible. Don’t guess, the rules and guidelines and income phase out level are always changing.
If you want to know for sure the best thing to do is to call us at Florida Fast Tax at 772-236-9006.