Happy New Year 2013. Some Tax Facts To Ponder.

The holidaze are over and tax season has arrived. The IRS has announced that they will not be processing any returns until January 30th this year and eager workers will file their returns and dream of ways to spend their “extra” money while others plan payment arrangements for money that is owed. No matter which category you fall in, there are safeguards to consider when dealing with income tax returns. Here are some simple tips from the IRS.

1. The IRS does not contact taxpayers via email to request personal information. Like other “phishing” scams, hackers pretend to be officials from the IRS and demand that you provide them with identifying information by clicking on a link.  The correct website info is www.irs.gov and any suspicious emails can be forwarded to phishing@irs.gov.

2. Guard your social security number. Stolen numbers are used by con artists to get jobs and to tap into your credit history. Unbeknownst to you, an employer will report the earnings from the scammer’s work onto your account and you look dishonest  for not reporting the full amount. If this happens, contact the IRS Identity Protection Specialized Unit by calling 1-800-908-4490 or visit www.irs.gov.

3. Be leery of anyone calling , texting, or emailing with “special offers” to help with tax returns. Never give out any personal information and report any harassing calls to the proper authorities. You work hard for your money.  Make sure your return comes back to you!

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December: Beware of Gift Cards!

Beware of Gift Cards scamsSanta isn’t the only one who should check to see who’s naughty or nice during the holiday season!  A popular scam known as smishing (a combination of “phishing” and the term SMS (Short Message Service) tries to highjack personal information via text messages disguised as free gift card offers from leading retail stores. The texts encourage users to click on a link to claim their “special prize”, a gift card in varying amounts. After clicking on a fake URL, the “winners” are instructed to fill out a form with credit card numbers and other personal data so that a “grift” card can be applied directly to the accounts. In reality, the information is sent to hackers who use the funds to do THEIR shopping and open other accounts for their personal use. Ho, Ho, Ho the scammers win and unsuspecting consumers lose their money. Continue reading

Scam of the Month – November 2012

Picture this:  Striking a pose can cause military woes!

Veterans Day is a time to honor those who serve our country.  Imagine a young person far from home in hostile territory. Some turn to technology hoping to make a connection with a friendly face while others become pen pals with people back home. The correspondence continues, pictures are exchanged, and budding friendships ease the loneliness of being away from home.  A picture might be worth a thousand words, but is it worth thousands of dollars when you’ve never met the person?

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