Identity Theft and Your Taxes

Uncategorized 2 Minutes
Tax E Man
Tax Consultation, Preparation, Representation

 

The Tax E Man Blog, along with our website www.PatTax.net, are designed to be year round resources for tax consultation, preparation and representation services provided by Baldwin NY Tax Preparation service Pat Tax Inc. and Patrick White, Enrolled Agent .  Please feel free to contact us with any questions or  concerns.

 

Identity Theft and Your Taxes

Your identity and money can be stolen in a tax-related scam via email (“phishing”), fax, phone, or letters. Some recent examples of identity theft scams are:

  • Refund scam. A bogus email, claiming to come from  the IRS, tells you that you are eligible to receive a tax  refund for a given amount if you just follow the instructions
    in the email.
  • Inherited funds, lottery winnings, and cash consignment  scams. A bogus email, claiming to come from the  U.S. Department of the Treasury, notifies you that you
    will receive millions of dollars if you follow the instructions  in the email. This may be a multi-step scheme  that includes instructions for you to deposit taxes on
    the funds before they can be paid out or the issuance of  a phony check on which you must pay 10% tax before  the check can be deposited.
  • EFTPS scam. A bogus email, claiming to come from  the IRS, contains a realistic-looking screenshot of the  IRS website with a message about fraud attempts regarding  your bank account. The email states that the  bank account can be unblocked if you just click a link  and provide information. EIN scam. A bogus fax, claiming to be from the IRS,  informs you that you have failed to submit required  bank account details. You are asked to fax back a form  that requests your EIN, bank information, and officer  signatures.

 

 Read 2016 Identity Theft and Your Taxes Here

 

Notify the IRS
If you receive a tax-related phishing email, do not click  on the links or open any  attachments. Forward the email  to phishing@irs.gov or call the IRS at 800-829-1040.

Any accounting, business or tax advice contained in the Tax E Man Blog or  www.PatTax.net, including attachments, links and enclosures, are not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax related penalties.

If desired, Pat Tax, Inc. would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired.

The Tax E Man Blog, along with our website http://www.PatTax.net, are designed to be year round resources for tax consultation, preparation and representation services provided by Pat Tax, Inc. . Please feel free to contact us with any questions or concerns.

 

Read 2016 Identity Theft and Your Taxes Here

 

Services We Provide Include
◾Income Tax Preparation for individuals and small businesses
◾ Electronic filing of all Federal and State returns with direct deposit of refunds
◾Scheduled electronic payment of balance due
◾Income Tax Consulting
◾IRS Tax Representation
◾Preparation of Delinquent Tax Returns
◾ Amended Tax Returns

“Empowering clients through education, a stress free transaction and an excellent service experience.”

Unknown's avatar

Published by Pat White, EA

Patrick White, Enrolled Agent and Fellow of the National Tax Practitioner Institute is the President of Pat Tax Incorporated located in Baldwin, New York. As an enrolled agent, Pat is empowered by the United States Treasury to represent taxpayers before the Internal Revenue Service. As a Fellow of the National Tax Practitioner Institute, Pat is uniquely prepared to effectively represent his clients before all administrative levels of the IRS.

Published

Leave a comment