Protect Yourself from Tax Scams: Key Recommendations for a Secure Filing Season
Tuesday, 2 April 2024, 12:00
Protecting Your Finances During Tax Season
As the April 15 federal filing deadline approaches, it's important to be vigilant against tax scams and 'ghost preparers'.
Rising Cases of Fraud
Last year, the IRS received nearly 300,000 complaints of reported identity theft, highlighting the increase in fraudulent activities during tax season.
Key Prevention Tips
- Avoid sharing personal information: Never disclose sensitive financial details to unknown sources.
- Verify tax preparer credentials: Ensure your tax preparer is legitimate and registered with the IRS.
- Stay informed: Keep up-to-date with common tax scams and red flags to protect yourself.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.