Watch Out For These Common Tax Scams

Tax season is an ideal season for scammers. People are stressed-out and intimidated by the prospect of filing taxes. As a result, they may be more vulnerable to deception, including scammers’ efforts to obtain their valuable personal information, pursue refunds in a taxpayer’s name, and trick them into paying for fraudulent tax services.

The end goal for scammers is to end up with someone else’s money, one way or another. If you don’t want them to steal yours, get familiar with the following types of scams:

Tax scammers want your data.

Dan Dwyer, an attorney in the Federal Trade Commission’s (FTC) Division of Financial Practices, says that scammers often use tax season as a way to steal people’s personal and financial data…Story continues…

By: Rebecca Ruiz