Scams Are Surging in the Summer, the IRS Says

August 8, 2023

Scams Are Surging in the Summer, the IRS Says

August 8, 2023

Summertime brings a surge in fraudulent schemes promising tax refunds and economic impact payments.

The IRS issued a warning to taxpayers about an increase in summertime tax scams, particularly those promising tax refunds or offering to "fix" tax problems, often related to false promises of a third round of economic impact payments. The scams involve phishing emails and text messages, with the IRS receiving numerous complaints daily since the July 4 holiday. The fraudulent schemes include an economic impact payment scam with an embedded URL leading to a phishing website and emails urging people to "Claim your tax refund online" or text messages stating their tax return was "banned" by the IRS. The IRS also warned about false claims regarding the Employee Retention Credit (ERC) and a text scheme offering help to address tax return problems. The IRS advises taxpayers to be cautious, not click on links from questionable sources, and report suspicious emails or messages to phishing@irs.gov. If someone becomes a victim after clicking on a scam link, they should report it and file a complaint with the appropriate authorities. For more information click the link!

https://www.journalofaccountancy.com/news/2023/jul/scams-surging-in-summer-irs-says.html

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