Beware of These Last-Minute Tax Scams, Even if You Already Filed

As the April 18 filing deadline looms, a new wave of tax scams is heating up. Whether you’ve already filed your 2016 return — and especially if not — here’s how to protect yourself from these last-minute schemes currently making the rounds. Don’t trust “update” requests. One popular phishing ploy this time of year involves emails supposedly from tax software providers such as TurboTax or TaxAct. They request users to “update” their information. “These ruses generally urge taxpayers to give …

How Scammers Try to Steal Your Tax Refund

Tax season starts Monday, the first day the IRS is accepting electronic tax returns for 2016 — and opening day for the latest round of tax refund scams. That’s when crooks file fraudulent returns to collect tax refunds under the identities of legitimate taxpayers — living or dead. All they need is your name, Social Security number, birth date and a computer. No W-2s or other tax documents are required to e-file; information such as claimed income, taxes paid and …

Fake Tax Bill Offers Clues to Avoid Future IRS Scams

IRS impostors have a new scam: fake emails that claim to contain a tax bill related to the Affordable Care Act. This latest scheme, which triggered a warning from the Internal Revenue Service late last week, contains a “payment link” in the email itself and an attachment for a fake CP2000 notice for tax year 2015. CP2000 notices are intended to inform tax filers that the IRS has received information from a third party that doesn’t match the income numbers …

Students the Latest Target of IRS Scammers

College students and others who have student loans are the latest target of IRS impersonators. In this iteration of the ongoing, widespread scam, fraudsters threaten arrest and other penalties unless a nonexistent “federal student tax” is paid immediately. Sound familiar? For years, con artists posing as IRS agents have telephoned citizens, claiming they owe back taxes and making similar threats of impending arrest, deportation and seizure of property unless the alleged debt is paid immediately with untraceable prepaid debit cards …

Tax Day Isn’t Relax Day: New Post-Filing Ploys Emerge

The end of tax season doesn’t mean an end to tax scams; rather, a new wave starts with the deadline for filing tax returns (typically April 15 but this year extended three days so Emancipation Day can be celebrated today). Now come the emails, phone calls and text messages supposedly from the IRS or other tax collectors that usually tout refunds, warn of audits or incomplete filings, or seek to verify personal information. Most phish for identity theft intel, but …

A Tax Hike Is Looming for Some Seniors in 2017. Here’s How Congress Can Stop It

It may not seem like it for many Americans, but recent health care spending in the United States has been growing at historically low levels. Between 2000 and 2007, per capita health spending grew at an average annual rate of 7.55 percent. Then we saw a steep decline between 2008 and 2014, when the rate dropped to an average 3.2 percent per year. Many Americans, however, may be scratching their heads because they notice the effect health care costs have …