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  Geebo 9:00 am on January 20, 2022 Permalink | Reply
  Tags: identity theft ( 107 ), impersonation scam ( 146 ), IRS ( 24 ), Scams ( 1,367 ), tax return ( 4 )   

  Tax season scams you should look out for 

  

  By Greg Collier

  This coming Monday, January 24th, the Internal Revenue Service will begin accepting tax returns for 2021. The deadline to have your return submitted to the IRS is April 18th this year. And with tax season starting, there are a number of tax return related scams that you should be aware of.

  The most devastating scam that affects taxpayers is when an identity theft files a return in your name. Unfortunately, the only way to find out if you’ve been a victim of this scam is receiving a letter from the IRS informing you that a duplicate return has been filed. The best way to protect yourself against this scam is to file your taxes as early as possible. If you’ve had your information leaked in a previous data breach, this is the best option for you to avoid having to straighten things out with the IRS. However, if you do become a victim of this scam, contact the IRS right away. The longer you wait, the more difficult it could be to get your tax return.

  Another area where tax season scammers thrive is the tax preparation industry. If you intend to have a professional file your taxes, research that professional or company first. The Better Business Bureau suggests avoiding tax preparers that only set up shop until the tax deadline. If you end up being audited by the IRS, will that tax preparer be there to assist you? Also, be wary of tax preparers who tie their fee to your tax refund. Fees are supposed to be based on how difficult it is to complete your tax return, not your refund.

  Tax season is also when scammers will attempt IRS impersonation scams. The scammers will call their victims, posing as the IRS and demanding payment for any number of reasons. The one thing all these impersonators have in common is that they will try to pressure you into making a payment over the phone. The IRS does not call taxpayers about tax issues. If the IRS has a concern that they need you to resolve, they will always contact you through the regular mail.

   

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  Geebo 8:00 am on July 20, 2021 Permalink | Reply
  Tags: back taxes, florida ( 30 ), property tax, real estate ( 127 ), Scams ( 1,367 )   

  This tax scam tries to claim ownership of your home 

  

  By Greg Collier

  A tax scam has recently surfaced in Pasco County, Florida. And as we like to say, if a scam can happen in one place, it can happen near you. At least one elderly resident was terrified by this scam, but thankfully she was told it was a scam before lost anything to the scam. A scammer called the woman and told her that they had paid the back taxes on her home, and they now owned it. She did the smart thing by calling the county tax collector’s office, and they informed her that this was all part of a scam. But the question remains, what is the end goal of this scam?

  With most scams today, the end goal is usually to get money out of the victim, but under what guise? One scam that uses a threat like this is one where scammers offer a service where they claim to assist in helping pay your back property taxes, especially if there is a lien on your home. Of course, this service will cost the victim money, but once payment is made, there is no tax assistance given and the scammers have made off with the victim’s payment. It could be that this particular scammer in Florida hasn’t quite grasped how the scam is supposed to work.

  That’s not to say that a home can’t switch ownership due to delinquent taxes. However, the process isn’t as simple as walking into the tax collector’s office and paying off someone’s back taxes. In Florida, the process can take years and requires an auction to take place. It’s probably safe to assume that other states have an equally lengthy process before a home can change hands due to delinquent taxes. So if you receive a call from someone either telling you that they now on your home or can help you pay your back taxes, it’s more than likely a scam.

   
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  Geebo 8:00 am on March 31, 2021 Permalink | Reply
  Tags: college ( 17 ), income tax ( 13 ), IRS ( 24 ), phishing ( 76 ), Scams ( 1,367 )   

  College students targeted in tax scam 

  

  By Greg Collier

  With it being tax season, tax scams are on the rise. We’re not talking about the kind of tax scam where federal agents show up at your door because you claimed the squirrels in your yard as dependents. We’re talking about the kind where is either trying to separate you from your refund, or using the promise of a refund to steal your information. The latest targets in this kind of tax scam are college students.

  The IRS is warning people that anyone with an email address ending in .edu is vulnerable to this scam. The scam is essentially a phishing attack. The student receives an email that appears to be from the IRS asking the recipient to click on a link that’s labeled either “Tax Refund Payment” or “Recalculation of your tax refund payment.” If the victim clicks on the link they’re taken to a website that asks for personal information like name, date of birth and Social Security number.

  Theoretically, college students are a prime target for identity thieves. At that age they may have established any serious credit yet which is the holy grail for identity thieves. Identity thieves could use a young victim’s credit for years before the victim ever realizes it.

  There’s been this stereotype that’s been going around forever that young people are better with technology than their parents. While that may be true, they may also be unsure of how filing their income taxes and receiving a refund works. So, they might think that this phishing email is a legitimate way of claiming their income tax refund. We realize that our readers tend to be from a different demographic than college students, but we also realize that you may have a college student in your family. If you do, you may want to warn them about this potential scam.

   
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  Geebo 9:00 am on February 16, 2021 Permalink | Reply  

  How the unemployment scams could affect your taxes 

  

  As we have posted previously on numerous occasions, unemployment scams have been a major problem in our country since the pandemic started. As we’re sure you’re aware of, overseas scammers have been applying for unemployment benefits using stolen identities. The majority of these identities were taken from major data breaches where major corporations had their customers’ data exposed. Employment benefits have been stolen from people who are both employed and unemployed. Nationwide, states have paid billions of dollars in fraudulent unemployment claims collectively.

  Now that it’s tax season, even more taxpayers are finding out they’ve had fraudulent claims filed in their name. As unemployment benefits are taxable income, many taxpayers all over the country are being surprised with 1099-G forms. Think of the 1099-G form as a W2 for unemployment. But again, the problem is that many of these taxpayers never filed for unemployment.

  If you receive a 1099-G form and did not file for unemployment, you need to contact a number of agencies to get the matter corrected. First, you would need to contact your state’s unemployment agency to report the fraud. You’ll also need a corrected 1099-G from your state that reflects you collected $0 in unemployment to correctly file your tax return. Do not claim the fraudulent benefits on your tax return.

  It’s recommended that you do not hesitate in getting a corrected 1099-G form. You could potentially miss the tax deadline of April 15th if you wait too long. While you can file for an extension, you should try to get your return filed as soon as possible to avoid identity thieves filing a fraudulent return in your name.

   
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  Geebo 9:00 am on February 11, 2021 Permalink | Reply
  Tags: identity theft ( 107 ), impersonation scam ( 146 ), income tax ( 13 ), IRS ( 24 ), Scams ( 1,367 )   

  Tax scam season is starting 

  

  It seems like it wasn’t that long ago that we were all filing our taxes for 2019. Due to the pandemic, the IRS gave us all a generous extension to file our income taxes. This year, we’re not so lucky. The deadline for filing your taxes this year is the traditional April 15th. So, with tax season also comes a number of tax scams which are made even more difficult to avoid due to 2020s unprecedented circumstances.

  The best tip we can give to avoid being scammed is to file your taxes as soon as possible. Last year, scammers were known to file for false returns using stolen identities. If you wait too long you could receive a notification from the IRS that someone has already filed a return using your Social Security number.

  Also, if you’re not going to do your own taxes, and you’re looking to use the services of a tax professional, research the person or company first. Dome fraudsters will set up shop looking like a legitimate tax preparer only to steal your identity and your refund while charging you to do it. Try to avoid any service that’s promising you a ‘too good to be true’ return.

  Tax season is also when scammers will attempt IRS impersonation scams. The scammers will call their victims posing as the IRS and demanding payment for any number of reasons. The one thing all these impersonators have in common is that they will try to pressure you into making a payment over the phone. The IRS does not call taxpayers about tax issues. If the IRS has a concern that they need you to resolve, they will always contact you through the regular mail.

  If you suspect one or more of these scams you can call the IRS directly at 800-829-1040.

  How the unemployment scams could affect your taxes | Greg's Corner is discussing. Toggle Comments

   
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  Geebo 9:00 am on February 6, 2020 Permalink | Reply
  Tags: identity theft ( 107 ), income tax ( 13 ), IRS ( 24 ), Scams ( 1,367 ), social security ( 29 ), tax ( 3 ), taxes ( 8 )   

  Identity thieves could steal your tax refund 

  

  We’ve discussed IRS scams in the past but those scams usually involve someone posing as an IRS agent demanding money from their victims. Now, with it being tax season, there is a whole different scam to be on the lookout for and that’s the tax identity theft scam. In this scam, identity thieves get a hold of your Social Security number and try to steal your tax return using your personal information. With the advent of electronic filing and direct payments, it’s easier than ever for someone to file a phony tax return before the victim even knows about it.

  One of the main ways that identity thieves steal your personal information during tax season is posing as tax preparers. If you’re going to have your taxes prepared professionally stick with the more reputable and well-known firms. If you’re going to use a local tax preparer for the first time, do your research on their reputation and performance. A number of fly by night operations seem to pop up out of nowhere during tax season. If they’re offering their service at below-market costs this could be an indicator that they’re not on the up and up.

  [youtube https://www.youtube.com/watch?v=GeUBklHuH3M%5D

  The best way to avoid this scam is to file your return as early as possible. Basically, you want to try and get your return in before any potential identity thieves do. If you’re filing by mail you should take your return directly to your local post office and not risk leaving it to sit in a mailbox. And definitely don’t leave it in your own mailbox for the postal carrier to pick it up. It could be easily stolen from your mailbox that way.

  If you receive a letter from the IRS stating that a duplicate return has been received get in touch with them right away as that means that someone did, in fact, file a return in your name.

   
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  Geebo 10:00 am on March 6, 2019 Permalink | Reply
  Tags: Homeland Security ( 4 ), identity theft ( 107 ), Immigration ( 12 ), income tax ( 13 ), puppy scam ( 37 ), Scams ( 1,367 ), tax ( 3 ), taxes ( 8 )   

  Tax collection, Homeland Security, and yet another puppy scam 

  

  It’s time again to bring you some more scams that are happening around the country that could ultimately impact your area and possibly someone you know.

  First up is a twist on the typical IRS scam. In the typical IRS scam, someone will call a victim on the phone pretending to be from the IRS trying to pressure the victim into making an immediate payment on a tax bill that doesn’t actually exist. The flaw in this scam is that the IRS rarely calls a taxpayer to settle any taxes owed. Instead, the IRS is known for mailing out any delinquent tax notices. That’s where this new scam being reported out of Sullivan County, Tennessee takes it up a notch. The scammers are mailing out letters claiming to be from a “Tax Enforcement Department” which then directs potential victims to call a phone number to make a payment. If you receive a letter like this and you feel like you may owe the IRS some money always call the IRS directly at (800) 829-1040.

  Speaking of government agencies, our next scam involves possible the most fear-inducing branch of the government and that’s the Department of Homeland Security. The DHS recently released a warning stating that scammers were calling people posing as the DHS by spoofing official DHS phone numbers. That way when someone receives the call it appears to be from DHS itself when in reality it’s just a scammer. The scammers are said to be claiming that the people they call have been victims of identity theft and ask the victims for personal information or threatening people with immigration offenses if they don’t make a payment right then and there. Some of these scammers are even sending out emails using an uscis.org email address. That is similar to but not the web address of DHS which is actually uscis.gov If you receive one of these phone calls or emails, the DHS requests that you call them at 1-800-323-8603.

  Lastly, we have an online puppy scam that has an added level of cruelty added to it. Luckily, no puppies actually exist in this scam if you can call that lucky. An online puppy scammer is said to be taking money from victims over PayPal as a deposit for a purebred puppy. The phony breeder then directs all of their victims to an address in Atlanta, Georgia to pick up the fictitious puppy. According to FOX 5 Atlanta, people have driven from as far away as Detroit. The man who lives at the Atlanta address has had to tell all the people who showed up on his doorstep that they’ve been scammed. Buying puppies online is always a risky venture as there are a plethora of scams involving puppies, some of which end up with puppies being bred in backyard puppy mills. When searching for a new pet for your family you should always deal with a locally licensed breeder or your local shelter. You’re less likely to run into scammers this way.

   
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  Geebo 10:02 am on February 19, 2019 Permalink | Reply
  Tags: Amazon ( 108 ), Donald Trump ( 11 ), income tax ( 13 )   

  Amazon’s alleged tax dodge is just the beginning 

  

  Last week was not a good week PR-wise for Amazon, the company owned by the world’s richest man Jeff Bezos. Even before it was announced that Amazon was not going ahead with their second headquarters in New York, they were raked over the coals in the press for allegedly not having to pay any corporate income tax for this year and last year. Instead, the Institute on Taxation and Economic Policy published a report claiming that Amazon received multi-million dollar tax refunds.

  So how did this happen? According to the report from ITEP, it’s because of the Tax Cuts and Jobs Act that Congress passed in 2017 which was heavily backed by President Trump. It not only lowered corporate tax rates but it also failed to close loopholes that large corporations like Amazon could take further advantage of. This is somewhat ironic since President Trump has long criticized Amazon’s business practices while enabling a law that allows Amazon to supposedly continue those practices.

  [youtube=https://www.youtube.com/watch?v=sP6vDBODpI4]

  So Amazon is not paying its ‘fair share’ taxes, what’s the big deal right? Well, it’s not just Amazon who is taking advantage of these new tax regulations. Netflix is another company that will reportedly pay no federal income tax this year either. How many other Fortune 500 companies will also look to take advantage of these loose corporate tax laws? Without corporate taxes being paid as they have been before 2017 tax increases could be passed on to an already overtaxed American public making the economic disparity in our country even worse.

   
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  Geebo 11:11 am on November 30, 2016 Permalink | Reply
  Tags: Cable ( 5 ), cord cutting ( 4 ), government ( 2 ), Netflix ( 15 ), taxes ( 8 )   

  Some towns considering a Netflix tax 

  

  Did you ever notice that when it comes to cable options you’re pretty limited to one cable company in your area? That’s because municipalities usually enter into exclusivity arrangements with cable companies. This is why one town can have Comcast while the next town over could have Time Warner or Cox. Of course these agreements can be financial boons for many cities.

  These exclusivity agreements have been going on since the advent of cable TV. This lack of competition is also why cable companies feel they can charge outrageous monthly fees for a ton of channels that you will hardly ever use. Fast forward to today and the landscape of paid entertainment content has vastly changed. Services like Netflix have led many former cable customers to cut the cord. This means that many cities and towns aren’t getting the same financial benefit since cable subscriptions are down. In order to make up the lost revenue many municipalities are considering a ‘Netflix tax’.

  Glendale, Santa Barbara, Stockton, and Sacramento are among the more than 40 California cities who are currently seeking guidance from municipal consultants as to how they might implement a Netflix tax.

  Unfortunately it’s the regional monopolies that these cities have created for the cable companies that has led to the cord cutting movement. Monopolies breed complacency while competition breeds innovation and lower prices. Basically these cities are considering taxing the solution to the problem they caused. If that’s not governmental bureaucracy in a nutshell I don’t know what is.

   
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  Geebo 11:54 am on November 1, 2016 Permalink | Reply
  Tags: discrimination ( 5 ), lyft ( 15 ), ride sharing ( 6 ), Uber ( 24 )   

  Uber and Lyft surpass taxis in at least one category, discrimination 

  

  Ride sharing apps like Uber and Lyft have been taking a bite out of the taxi industry for some time now and with good reason. They’re cheaper, they’re more convenient, and by most anecdotal evidence, the drivers are more friendly and helpful. Now according to a study by major universities, Uber and Lyft have embraced a practice that the taxi industry made infamous, and that’s discrimination against minorities and women.

  The study found that an inordinate number of Uber and Lyft drivers would cancel rides if the user requesting the ride either appeared black or had an African-American sounding name. The way the apps work are, the drivers accept the ride request first then receive the users information including name and picture. It’s at that point that drivers have been allegedly cancelling the rides.

  The ride sharing drivers have also allegedly embraced another practice that has been known to plague the taxi industry. The report claims that when the drivers pick up female passengers, they’ll take longer routes to the destination in order to inflate rates.

  While these ride sharing apps have been heralded as the new way of doing things, it’s starting to appear like the more things change the more they stay the same.