Avoiding 2023 Tax Scams
Published March 30, 2023
As the 2023 tax season deadline approaches, it is important to be aware of the potential for tax-related scams. Unfortunately, scammers are becoming increasingly sophisticated in their attempts to access personal information and steal money through various types of tax frauds. To protect yourself from falling victim to these scams, it is essential that you understand how they work and what steps you can take to avoid them. In this article, we will provide an overview of some common tax-related scams so that you can stay alert and safeguard your finances during the upcoming filing season.
Filing A Fraudulent Tax Return
One of the most common types of tax fraud involves scammers filing a fraudulent tax return in your name to claim a refund. This can be done by obtaining your personal information, such as Social Security number or bank account details, and submitting a false tax return with these details. To avoid this type of scam, make sure that you protect your personal information and only share it with trusted individuals or organizations. Additionally, file your taxes as early as possible to minimize the risk of someone else filing before you.
IRS Agent Impersonation
Another common tax-related scam is when criminals attempt to impersonate IRS agents over the phone or via email in order to obtain sensitive information from unsuspecting taxpayers. If you receive an unsolicited call or email claiming to be from the IRS, do not provide any personal or financial information and report the incident to the authorities immediately.
Always Consult the Tax Professionals
Finally, some scams involve criminals offering phony advice about how to reduce your tax liabilities. While it is important to take advantage of legitimate tax deductions and credits, always consult with a qualified accountant or tax professional if you have questions about filing your taxes. They will be able to provide accurate advice based on your individual circumstances.
By being aware of these common types of tax-related scams, you can protect yourself from falling victim to them during this upcoming filing season. Remember to keep your personal information secure at all times, never share it with anyone over the phone or by email, and always seek professional advice if you need help understanding your taxes.
Skyler has been a Marketing Content Specialist at Neighborhood Credit Union since 2019.
Who We Are
As an active part of the community for 93 years, Neighborhood Credit Union is a not-for-profit financial organization serving the state of Texas with branch locations in Collin, Dallas, Denton, Ellis, and Tarrant counties. With assets topping $1 billion, Neighborhood Credit Union has a continuously growing membership of over 60,000. For more information, call (214) 748-9393 or visit our homepage.