Need Another Reason to Hate Tax Season?

Posted by Merrill Baumann

It's axiomatic that wherever large sums of money are changing hands, there will be scams seeking a piece of the action... and tax collecting is no exception. Not surprisingly, the IRS warns that numerous phishing scams abound, where the perpetrator asks for confidential information in exchange for tax refunds or some other benefit. So how do you protect yourself against these fraudsters? One of this biggest weapons is common sense. Legitimate commercial outfits no longer request confidential financial information by unsolicited emails. And in many contexts, including the IRS, simply ask yourself: Why are they asking for this information? Don't they already have it?

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