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  • Geebo 10:00 am on March 6, 2019 Permalink | Reply
    Tags: , , , income tax, , , ,   

    Tax collection, Homeland Security, and yet another puppy scam 

    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.

     
  • Geebo 10:02 am on February 19, 2019 Permalink | Reply
    Tags: , , income tax   

    Amazon’s alleged tax dodge is just the beginning 

    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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