Beware the Tax Scam

Beware the Tax Scam

Tax season may be over, but there is still a prevalance of scams involving taxes, the most recent involving crooks imposing as IRS agents.   These scammers call or email their victims and demand tax payments. They tell intended victims they owe taxes and must pay using a prepaid debit card or wire transfer. The scammers threaten those who refuse to pay with arrest, deportation or loss of a business or driver's license.   To lend credibility, the crooks often know the last four digits of the taxpayer's Social Security number, and the calls are made with spoofed caller identification software that makes it appear the call is originating from the IRS.   Rememner, If you owe taxes, the IRS will contact you by U.S. mail -- not emai.  They will never request personal or financial information by e-mail, text or social media.   If you get a call from someone claiming to be with the IRS and asking for a payment, hang up and call the IRS directly.   For more information on this and the answers to other financial questions, visit BECU's collection of resources.