Don’t Get Scammed This Tax Season

Don’t Get Scammed This Tax Season

Thousands of people are conned out of money every tax season by scammers. The problem with these scams is that they sound very convincing and if you don’t know what to look for, then you could easily be taken advantage of by one of these con artists.  There’s a lot of approaches that scammers use, but today we’re going to talk about The IRS-Impersonator Phone Scam.

This is probably the most common tax scam every year. What happens is that a scammer calls you claiming to be an IRS employee. They share their name and an IRS ID number both of which are fake. They also seem to already know some info about the the person that they are calling and can even make their caller ID look like it’s from the IRS. Normally they say that you owe the IRS money and ask for immediate payment. If you don’t comply they begin making serious threats, including jail time- which is pretty ironic because that’s what they’re going to get when they get caught.

Another tactic scammers use is telling you that you have a refund solely to get you to share personal information, which they can use for illegal purposes, like stealing your identity or your tax refund.

So how do you know if a phone call is really from the IRS? First off, the IRS will not call you to asking for immediate payment over the phone.

Second, they won’t call you at all unless they have first contacted you by mail. They won’t ask for your personal information won’t make threats regarding law enforcement and arrests.

If you have any other questions about tax scams, or about filing your taxes, then you can also contact us at info@groco.com

We hope you found this article about “Don’t Get Scammed This Tax Season” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

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Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

GROCO.com is a proud sponsor of The American Dreams Show.

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.