As the 2025 tax season kicks off, the Better Business Bureau (BBB) reminds us that it's not just the time to file taxes—it’s also scam season. Fraudsters use this opportunity to prey on taxpayers, aiming to steal money, sensitive personal information, and peace of mind. Staying informed and vigilant can help protect you from falling victim to these schemes.
Why Tax Season Is Prime Time for Scammers
According to the Internal Revenue Service (IRS), taxpayers lost a staggering $5.5 billion to tax-related fraud in 2023. With the 2025 tax filing deadline set for April 15, scammers are already targeting individuals with impersonation calls, fake emails, and fraudulent tax preparer schemes.
Steve J. Bernas, president of the BBB, emphasizes the challenge: “Because of the intricacies of filing your taxes, falling victim to a tax scammer is not inconceivable.” Scammers manipulate emotions like fear and urgency to deceive people, making it critical to stay alert.
Top Scams to Watch Out For
Protecting Yourself During Tax SeasonTo safeguard yourself, follow these practical tips:
Additional Steps for Security
The Importance of AwarenessTax season can feel overwhelming, but staying informed is your best defense against scams. Fraudsters thrive on confusion and fear, but you can outsmart them by staying vigilant and proactive. If in doubt, consult a trusted professional or visit the official IRS and BBB websites for accurate information.
Let’s make 2025 a year of safe and stress-free tax filing!
https://www.dailyherald.com/20250126/business/its-tax-season-bbb-warns-to-watch-out-for-scammers-ready-to-siphon-returns/
Why Tax Season Is Prime Time for Scammers
According to the Internal Revenue Service (IRS), taxpayers lost a staggering $5.5 billion to tax-related fraud in 2023. With the 2025 tax filing deadline set for April 15, scammers are already targeting individuals with impersonation calls, fake emails, and fraudulent tax preparer schemes.
Steve J. Bernas, president of the BBB, emphasizes the challenge: “Because of the intricacies of filing your taxes, falling victim to a tax scammer is not inconceivable.” Scammers manipulate emotions like fear and urgency to deceive people, making it critical to stay alert.
Top Scams to Watch Out For
- IRS Impersonation Scams:
- Scammers may call or email pretending to be IRS agents, often claiming you owe back taxes.
- They may demand immediate payment via gift cards, prepaid debit cards, wire transfers, or cryptocurrencies.
- Fake Tax Preparers:
- Fraudulent tax professionals may falsify your return to inflate refunds or steal your refund entirely.
- Be cautious of preparers who refuse to sign your return or do not have a Preparer Tax Identification Number (PTIN).
- Phishing Emails:
- Emails designed to look like official IRS correspondence might direct you to fake websites to steal your information.
Protecting Yourself During Tax SeasonTo safeguard yourself, follow these practical tips:
- Verify Tax Preparers: Research tax preparers and verify their credentials with the IRS or BBB. Never sign a blank tax return.
- Avoid Urgent Payment Requests: The IRS will never call to demand immediate payment or threaten you with jail time. Payments should always be made directly to the IRS using official methods.
- Check Your Refund Status Securely: Visit the official IRS website at IRS.gov to track your refund. Avoid clicking links in emails or text messages.
- Be Wary of Caller ID: Scammers can spoof IRS numbers to look legitimate. Hang up if you're unsure and call the IRS directly at their official contact number.
Additional Steps for Security
- Secure Your Personal Information: Shred sensitive documents, avoid sharing your Social Security number unnecessarily, and ensure your devices are protected with strong passwords.
- Report Suspicious Activity: If you suspect fraud, report it to the IRS and BBB immediately. Quick reporting can prevent further financial damage.
The Importance of AwarenessTax season can feel overwhelming, but staying informed is your best defense against scams. Fraudsters thrive on confusion and fear, but you can outsmart them by staying vigilant and proactive. If in doubt, consult a trusted professional or visit the official IRS and BBB websites for accurate information.
Let’s make 2025 a year of safe and stress-free tax filing!
https://www.dailyherald.com/20250126/business/its-tax-season-bbb-warns-to-watch-out-for-scammers-ready-to-siphon-returns/
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