Happy Holidays! May your holiday be filled with those things that make your holiday meaningful.
With the holiday season coming to an end soon, that means tax time is right around the corner. With so many sites advertising free taxes with minimal work, it’s easy to fall into a trap. BBB wants to help you avoid falling into one before it’s too late.
Tax preparation scams come in many different shapes and sizes. “Ghost” preparers, IRS impersonation, identity theft and email phishing are just some examples of scams circulating around tax season. These scams usually rely on tactics such as threats of arrest, isolation to keep victims from talking to their family members about the supposed tax issue, and/or pressure to act quickly. Tax collection scams often use all three to bully their targets into compliance.
So far in 2021, BBB has processed more than 1,700 complaints against tax return preparation services and related businesses. These scams change annually as scammers find ways to put a new spin on old tricks.
Filing taxes as early as possible can help protect against the hustle and bustle of last-minute tax preparation. It’s easier to get tricked by a con artist when pushing a deadline, so planning ahead gives consumers time to research their tax preparer and make informed decisions.
Use BBB’s tips to fight against tax fraud this year:
• Only deal with trustworthy tax preparation services. For many people, major life changes,…