Last-minute tax scams to look out for
The deadline to complete those taxes is right around the corner, as you have to have them submitted by April 17, but before then Michelle Tabler with the Better Business Bureau joined KTVA's Daybreak to discuss some last minute scams, and how to avoid them.
First up is 'imposter scams'. In these, scammers pose as IRS agents and pressure victims by demanding Money or threatening jail time. Fraudsters may spoof phone numbers, so the call appears to be coming from the IRS or local law enforcement.
Then there's 'tax relief scams': Watch for deceptive advertisements claiming to reduce a person's tax liability greatly. Scammers will use official-looking IRS notices or websites to sway people into paying unnecessary money or divulging private and personal information.
ID theft is another one to look out for Scammers use stolen personal information, social security numbers and falsified W-2 information to file fraudulent tax returns in the victim's name. In some cases, thieves stole W-2s out of unsecured mailboxes. After filing a fraudulent tax return, criminals use the taxpayer's real bank account for the deposit. They then call the victim to say the refund was deposited in error and give information to forward the money to their collection agency.
One thing you should always remember to avoid being scammed during tax season, is that the IRS does not call and demand your personal information.
If you believe you've been scammed you can contact the Better Business Bureau at 907-562-0704 or visit their website and click the 'scam tracker' tab.