Tax Season Vigilance: Guarding Against Fraudulent Schemes

When people think about filing taxes, they get stressed out and intimidated. In this respect, they may be more susceptible to deception, including scammers’ attempts to obtain valuable personal information from them, claim refunds under their names, and trick them into paying for fraudulent tax services, among others.

It is at the beginning of the tax season, which began on Jan. 29, when the Internal Revenue Service began processing and accepting federal income tax returns for 2023, that scammers will begin to attack us with scams. Tax season is coming up and the IRS is expecting more than 146 million individual returns to be filed by April 15, the due date. 

The Federal Trade Commission’s Division of Financial Practices, led by an attorney who is a former employee of the agency, says that scammers use tax time to steal personal and financial information from individuals. 

To accomplish this, they pose as representatives of the Internal Revenue Service (IRS) and make people hand over their Social Security number and bank account information by contacting them over the phone using various high-pressure tactics. 

To maintain the trust of consumers, the IRS will not use aggressive techniques to obtain a taxpayer’s personal information. They will initiate contact by letter and not use aggressive

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