Tax Scam Bill Reaches More Than $20 Million
Do you know where your tax return is? Are you sure that next year’s tax return is safe? It’s clear that the IRS does not have a strong prevention plan in place to stop would-be tax scammers from getting to your personal information and then using it to steal your tax return. According to a recent report from the top tax agency, the Treasury Inspector General for Tax Administration (TIGTA) has received about 600,000 contacts since October 2013 in regards to tax scams. The TIGTA also noted that there have already been thousands of victims who have collectively lost more than $20 million in that time.
According to the IRS, most scammers pose as employees of the IRS and go after those that are most vulnerable, especially the elderly. However, their threatening tactics are clear-cut signs that they are not with the IRS. The agency will never call anyone and ask for personal information over the phone. The IRS will also always send a letter in the mail first, before contacting you by phone.
However, as the number of scams increases so do the scammers’ methods and abilities. Every year tax scammers get more sophisticated in their efforts. This year the IRS found that scammers have started to change phone number caller IDs in order to make it look as though the IRS is actually calling. Additionally, many scammers are starting to learn more about their victims even before they call, so they can appear to be even more legit.
If you think anyone has tried to scam you out of your tax return then the IRS suggests calling the following number: 1-800-829-1040.
This Year Will Be the Last Time You Can Claim These Deductions
This Year Will Be the Last Time You Can Claim These Deductions If you’re like many taxpayers, then you’ve already filed your 2017 tax return, and perhaps even received your refund. If so, congratulations are in order. You can now forget about taxes for another year…although we don’t recommend that. On the other hand, if…
Top Moments in Space Exploration
“Remember to look up at the stars and not down at your feet.” – Stephen HawkingThere is no question that space exploration has progressed technology, increased our understanding of the world around us, and inspire us to new heights. Space travel continues to inspire us today. Here is our list of 10 inspiring moments in space exploration. Please share what other inspiring space moments you think should be on the list.10. Space X Falcon Heavy LaunchSpace X Falcon Heavy launch was a big deal for
How to Become a Global Business Leader
Not everyone that wants to become a global business leader is going to reach that goal. That’s because it takes serious commitment, hard work, and a relentless desire to succeed in order to become a successful global business leader. But don’t despair; nothing is impossible if you’re willing to do the work. But you will need to make certain decisions to get there.Don’t be afraid to take chances – taking risks is important, but you don’t want o be reckless. It’s best to take educated risks
Is Bitcoin Ready for Another Surge?
Is Bitcoin Ready for Another Surge? If you’re lucky enough to own a stake in the cryptocurrency Bitcoin, then you’re already aware of it’s extreme volatility. The ultra popular digital currency has experienced massive jumps and slides during the last year, which have seen it reach as high as $19,783 back in December, only to…