HERE'S HOW TO PROTECT YOURSELF FROM COMMON SCAMS THIS TAX SEASON
Techlife News|April 06, 2024
Tax season can come with several headaches, from gathering documents to finding the time to sit down and file. But one pain that you want to avoid is falling for a tax scam.
HERE'S HOW TO PROTECT YOURSELF FROM COMMON SCAMS THIS TAX SEASON

Year-round, scammers look for ways to trick people into giving them money or personal information. There are several common types of scams during tax season, so people should be on the lookout for red flags, said Amy Nofziger, director of victim support at the AARP Fraud Watch Network.

One of the most common types of scams is related to identity theft. Taxpayers usually know their identity has been stolen when they try to file their tax returns and the IRS says they’ve already done so. This usually means someone else filed in their name in order to receive a refund.

In 2023, the IRS received 294,138 identity theft complaints. The IRS says taxpayers who are victims of tax-related identity theft wait an average of 19 months for the IRS to process their returns and send their refunds.

Here are some expert recommendations to protect yourself from scams during tax season:

KNOW SCAMMERS' TACTICS

Three common tactics used by scammers are based on fear, urgency and money, said security expert Petros Efstathopoulos. Here’s how they work:

— Fear

When a scammer contacts you via phone or email, they use language that makes it seem like there is a problem that you need to solve. For example, a scammer contacts you over email telling you that your tax return has an error and if you don’t fix it you’ll get in trouble.

— Urgency

Because scammers are good at creating a sense of urgency, people tend to rush, which makes them vulnerable. Scammers often tell people they need to act right away, which can lead to them sharing private information such as their Social Security numbers.

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هذه القصة مأخوذة من طبعة April 06, 2024 من Techlife News.

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