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 ,

Is Trump’s Tax Avoidance a Crime?

Is Trump’s tax avoidance a crime?  Every Presidential candidate since 1976 has released their tax returns to the public, everyone except for Donald Trump.  The New York Times was able to obtain years of Trump’s tax returns, and on September 27th, 2020, launched the following headline across the web: LONG-CONCEALED RECORDS SHOW TRUMP’S CHRONIC LOSSES…

Bodyguards and Panic Rooms- Is Now the Right Time?

Bodyguards and Panic Rooms- Is Now the Right Time?

Executive Protection, i.e. Bodyguards and Panic Rooms Now may be the right time for bodyguards and panic rooms. Looking several years back, I met an interesting individual during a family office networking event. Based on the crowd in attendance, I expected him to be a successful entrepreneur, but as it turns out he was a…

family office

Can DAFs Maximize Family Office Charitable Dollars?

Can DAFs Maximize Family Office Charitable Dollars? When you hear the name John D. Rockefeller, an image of the first, made in the USA, billionaire may come to mind.  Brilliant and extraordinary, yes, but we’re going to discuss his son and only heir to the immense Rockefeller fortune.  John D. Rockefeller Jr. who spent much…

Radical New Plane to Revolutionize Private Flight

Is there a radical new plane to revolutionize private flight?  Can the aviation industry experience the same tech driven disruption so common in other markets?  This past month, an odd-looking aircraft was spotted flying in Southern California. It was small with thin wings, bullet like in shape and had a rear facing propeller on the…