Learning about the scams is the best protection.
Learn the warning signs of Employee Retention Credit scams
Attention Business Owners: Beware of the Employee Retention Credit (ERC) Pitfall! ERC is real but scammers are claiming fraudulent claims for business owners. Ignoring ERC eligibility or compliance could lead to the IRS to audit YOU. Making YOU pay back thousands with potential hefty penalties and interest.
TO PROTECT TAXPAYERS FROM SCAMS, IRS ORDERS IMMEDIATE STOP TO NEW EMPLOYEE RETENTION CREDIT
Moratorium on processing of new claims through year’s end will allow IRS to add more safeguards to prevent future abuse, protect businesses from predatory tactics; IRS working with Justice Department to pursue fraud fueled by aggressive marketing. More information click here
Taking tax advice on social media can be bad news for taxpayers
Individuals, beware of the pitfalls of social media when it comes to tax information. The IRS has identified numerous instances of misleading details circulating online, encompassing everything from common tax forms like the W-2 to more specialized ones like Form 8944.
IRS warns of scammers using fake charities to exploit taxpayers
Whether an earthquake or wildfires, good-natured taxpayers rally to help victims after an emergency or disaster by donating money. Unfortunately, scammers often try to prey on well-intentioned donors by posing as fake charities, hoping to steal money, but also personal and financial data that can be used in tax-related identity theft.
Watch out for scammers using email and text messages to try tricking people
People should be incredibly wary about unexpected messages like this that can be a trap, especially during filing season.
"Email and text scams are relentless, and scammers frequently use tax season as a way of tricking people," said IRS Commissioner Danny Werfel. "With people anxious to receive the latest information about a refund or other tax issue, scammers will regularly pose as the IRS, a state tax agency or others in the tax industry in emails and texts"