If it seems there is a new tax scam every week, that is because there is. This week's scam is linked to the Electronic Federal Tax Payment System (EFTPS), where fraudsters call to demand an immediate tax payment through a prepaid debit card. The IRS says this scam is being reported across the country, so taxpayers should be alert to the details.
In the latest twist, the scammer claims to be from the IRS and tells the victim about two certified letters purportedly sent to the taxpayer in the mail but returned as undeliverable. The scam artist then threatens arrest if a payment is not made through a prepaid debit card. The scammer also tells the victim that the card is linked to the EFTPS system when, in fact, it is entirely controlled by the scammer. Interestingly, the victim is also warned not to contact their tax preparer, an attorney or their local IRS office until after the tax payment is made.
The IRS has announced it will begin issuing new and renewal PTINS at no cost beginning today.
The change follows the suspension of the PTIN program as a result of the June 1 court decision in Steele ...
If it seems there is a new tax scam every week, that is because there is. This week's scam is linked to the Electronic Federal Tax Payment System (EFTPS), where fraudsters call to demand an immediate ...
On June 1, 2017, the United States District Court for the District of Columbia upheld the Internal Revenue Service’s authority to require the use of a Preparer Tax Identification Number (PTIN), but ...
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