Avoid Scams, Avoid Irs Collections

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While many people willingly try to fool the IRS to get out of paying taxes, there are others who end up being the victims of scams rather than the creators of them. It's incredibly important to safeguard your information and be on the lookout because it could end up costing you big time in the end. Or it could actually prevent you from receiving money if someone else takes your tax refund. Either way, it won't be pleasant for you. IRS collections are fun for no one and even less so when it's by mistake.

It's safe to assume that a good majority of people do not file their taxes on their own. People seek outside help from tax preparers to figure out all the nitty-gritty details. They dump off a box of papers and receipts and pray they get a refund instead of owing. But with no prior knowledge of how to file taxes, it's easy to be duped by a "tax preparer." Fraudulent tax preparers will either steal portions of your refund or charge ridiculous fees. They draw you in by promising sky high refunds. It's times like these that you might want to stick to the big name companies like H&R Block or receive recommendations from friends.

In order to crack down on this scheme, the IRS requires that all tax prepares register with the IRS, pass competency tests, and attend continuing education classes. Use your common sense when choosing a preparer or company. Look up reviews and ask around to see if other people have used them before. A legitimate preparer isn't going to promise you a refund. Instead, he'll promise to be honest, to do your taxes to the best of his ability and prepare them on time so you don't have to worry about IRS collections. If you suspect someone of being fraudulent, immediately report it to the IRS.

Technology may offer us added convenience and connect us to the entire world, but it also opens the door to phishing and identity theft. Phony websites and e-mails will ask you to reveal personal information either because you're "owed" a refund or they're threatening an audit. Remember that the IRS will never initiate unsolicited e-mail contact. If they're going to audit you, expect a phone call or letter and even still, they won't ask you for personal information because they already have it. People using this scam will want your social security number so they can purchase a new sound system, open up credit cards, and then claim your refund check.

Tax payers who aren't careful will pay, both literally and figuratively. Then they'll need to find an excellent tax attorney to help solve this mess. Be ever watchful and you won't have to worry about levies, tax debt relief, and the IRS dropping by for audits.

About the Author:
JosephYBalisok.com is the office of a NY tax attorney who specializes in innocent spouse relief, levies, payment arrangement, tax debt relief and IRS collections.



Article Originally Published On: http://www.articlesnatch.com


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