Friday, February 23, 2018
IRS warns of tax-related scams
Taxpayers aren’t the only ones hoping for a tax refund.
“Fraudsters are constantly trying to steal identities,” says Jill Gogel, fraud services manager at Dupaco Community Credit Union. “And during tax season, they’re also going to try to steal tax refunds.”
New twist on old scam emerges
A new twist on an old scam has already surfaced this tax-filing season, according to the Internal Revenue Service.
After stealing client data from tax professionals and filing fraudulent tax returns, criminals are using taxpayers’ real bank accounts for the deposit, the IRS said. Thieves then use various tactics—such as posing as debt collection agency employees and IRS officials—to reclaim the refund from the taxpayers.
“Ultimately, if it’s your tax return and it’s the amount you’re supposed to be getting, you should not be returning it,” Gogel says. “If it seems unusual that somebody is trying to get you to return your refund, stop and contact your tax professional.”
If you receive an erroneous refund, the IRS offers guidelines on how to safely return it.
Reduce your risk of identity theft
Here are additional steps you can take to reduce your risk of tax-related identity theft:
If you notice suspicious account activity or believe you are the victim of fraud or identity theft, contact Dupaco immediately at (563) 557-7600 / 800-373-7600.
By Emily Kittle