Hello? Is This Really the IRS, or Just a Scam?

Conceptual,Illustration,Of,Online,Fraud,,Cyber,Crime,,Data,Hacking.,A

No one enjoys getting a call from the IRS, but getting a call from someone who claims to be from the IRS, but who is really just a scammer, is even worse. However, according to the country’s top tax agency, that is exactly the kind of sophisticated and elaborate scam that has been going on lately.

The IRS says that the scam has occurred all over the country and has even taken aim at recent immigrants. According to the IRS, the scammers use fake names and IRS ID numbers. The scammers also apparently already have detailed information about the people they call and they are also able to alter their caller ID number so it appears to be coming from the tax agency.

The con artists then claim that the taxpayer owes money to the IRS and demand prompt payment for the debt. They also threaten jail time, license suspension or even deportation in some cases. The IRS absolutely does not use these kinds of tactics.

According to the IRS website it will never do the following things when it calls:

  • Demand immediate payment. In fact, the IRS won’t even call you about taxes owed until mailing you first.
  • Demand that you pay taxes without letting you question or appeal the amount you reportedly owe.
  • Require you to use a specific payment method, like a prepaid debit card, for your taxes.
  • Ask for debit or credit card numbers over the phone.
  • Threaten to have you arrested by any law-enforcement groups for not paying your debt.

You can learn more about this and other tax-related scams by visiting the IRS consumer alerts page. You can also contact us at GROCO by clicking here.

Posted in ,

Top Reasons Why People Procrastinate

Top Reasons Why People Procrastinate When it comes to money, free is a very nice price. Who doesn’t like a free handout? Ask around and almost anyone would say they love to get something for nothing, which is why people spends millions in gambling and other games of chance. In fact, that famous, crazy strip…

What is Your Investment Risk Tolerance?

What is Your Investment Risk Tolerance? Mention the word “risk” in the context of a discussion about investing, and what springs to most people’s minds? A huge loss when the stock market takes a dive? Or when the price of bonds tumbles? Most likely. Such possibilities lead some people to cling to the “safety” of…

Congress with the Latest Bill and Help for Homeowners

Congress with the Latest Bill and Help for Homeowners

Congress with the Latest Bill and Help for Homeowners By Carole Rodoni Yes, it’s done. Congress passed and the President signed a bill to help homeowners. As a consumer who might benefit from this bill, it is important to know exactly what each part of the bill entails. From the $300 billion program, to a first…

Managing Your Frequent-Flyer Miles

Managing Your Frequent-Flyer Miles

Managing Your Frequent-Flyer Miles According to some reports, 100 million members of frequent-flyer programs are holding at least 3.5 trillion in unused miles. Frequent travelers track their memberships and miles carefully, first to determine what plan (or plans) seems most advantageous for them to join and then to schedule their travel in ways to take…