State Reps. Nisly, Snow Warn Of Tax Season Scams
March 16, 2021 at 2:09 a.m.
By Staff Report-
According to the Federal Trade Commission, COVID-19 led to a 225% increase in the number of identity theft complaints from 2019 to 2020, raising the total to 89,390. The FTC also received more than 2.2 million reports of fraud and nearly $3.3 billion in losses in 2020, according to a news release.
"When scammers gain access to your personal information and steal your identity, it causes years of financial hardships and unneeded stress," Nisly said. "Being aware of the different types of scams that people use is essential to protecting yourself and your finances."
The Internal Revenue Service reports scammers use mail, telephone or email to deceive individuals, businesses, and payroll and tax professionals. According to the IRS, the bureau does not initiate contact with taxpayers by email, text messages or social media channels to request personal or financial information. The IRS is reminding the public to avoid scams including unethical ghost tax return preparers who do not sign tax returns they prepare, emails or text messages asking for personal and financial information, and imposters who call taxpayers claiming to be IRS employees using fake names and identification badge numbers.
"If you need assistance filing your taxes, it is important to seek out reputable tax and accounting professionals," Snow said. "Do not hand over your personal information without making sure you know exactly who it is going to, and even if you're confident you're doing everything right, remain vigilant."
To avoid falling victim to tax-related scams and identity theft, Snow said to follow these tips provided by the FTC:
• Protect Social Security Numbers throughout the year. Do not give it out unless there is a good reason and you are sure of who you are giving it to;
• File tax returns as early in the tax season as possible;
• Use a secure internet connection if filing electronically or mail tax returns directly from the post office;
• Research a tax preparer thoroughly before handing over personal information;
• Check credit reports at least once a year for free at annualcreditreport.com. Make sure no one has opened a new account in your name;
• Do not give out sensitive information over the phone. When in doubt, hang up; and
• Never click on or forward links in unsolicited text or email messages.
Snow said those who believe they are a victim of a scam need to contact local law enforcement immediately. Scams should be reported to the Indiana Attorney General’s office by visiting indianaconsumer.com, and complaints should be filed with Federal Trade commission at ftc.gov/complaint or by calling 1-877-FTC-HELP.
The federal tax filing deadline this year is April 15. To find a reputable preparer, visit IRS.gov.
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According to the Federal Trade Commission, COVID-19 led to a 225% increase in the number of identity theft complaints from 2019 to 2020, raising the total to 89,390. The FTC also received more than 2.2 million reports of fraud and nearly $3.3 billion in losses in 2020, according to a news release.
"When scammers gain access to your personal information and steal your identity, it causes years of financial hardships and unneeded stress," Nisly said. "Being aware of the different types of scams that people use is essential to protecting yourself and your finances."
The Internal Revenue Service reports scammers use mail, telephone or email to deceive individuals, businesses, and payroll and tax professionals. According to the IRS, the bureau does not initiate contact with taxpayers by email, text messages or social media channels to request personal or financial information. The IRS is reminding the public to avoid scams including unethical ghost tax return preparers who do not sign tax returns they prepare, emails or text messages asking for personal and financial information, and imposters who call taxpayers claiming to be IRS employees using fake names and identification badge numbers.
"If you need assistance filing your taxes, it is important to seek out reputable tax and accounting professionals," Snow said. "Do not hand over your personal information without making sure you know exactly who it is going to, and even if you're confident you're doing everything right, remain vigilant."
To avoid falling victim to tax-related scams and identity theft, Snow said to follow these tips provided by the FTC:
• Protect Social Security Numbers throughout the year. Do not give it out unless there is a good reason and you are sure of who you are giving it to;
• File tax returns as early in the tax season as possible;
• Use a secure internet connection if filing electronically or mail tax returns directly from the post office;
• Research a tax preparer thoroughly before handing over personal information;
• Check credit reports at least once a year for free at annualcreditreport.com. Make sure no one has opened a new account in your name;
• Do not give out sensitive information over the phone. When in doubt, hang up; and
• Never click on or forward links in unsolicited text or email messages.
Snow said those who believe they are a victim of a scam need to contact local law enforcement immediately. Scams should be reported to the Indiana Attorney General’s office by visiting indianaconsumer.com, and complaints should be filed with Federal Trade commission at ftc.gov/complaint or by calling 1-877-FTC-HELP.
The federal tax filing deadline this year is April 15. To find a reputable preparer, visit IRS.gov.
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