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OIC companies aren’t alike: some are better, or worse, than others. These companies often don’t take tax cases if the taxpayer owes less than $10,000.
In 2009, Instant Tax Service was ranked #93 on the nation's top 500 fastest growing companies list by Inc. Magazine. [1] The company also ranked #1 on Entrepreneur Magazine's Top New Franchises list and the #1 lowest cost franchise in the United States in 2009. [2] Federal courts later ordered the closure of Instant Tax Service after ...
Common tech-enabled tax scams First thing to look out for — be wary of emails that purport to be from the IRS. "Phishing emails asking you to verify your information are one of the most common ...
Tax refunds are often a financial boost for Americans, but they’ve increasingly become the target of scammers who can use your identity to recover whatever money is owed by Uncle Sam.
An IRS impersonation scam is a class of telecommunications fraud and scam which targets American taxpayers by masquerading as Internal Revenue Service (IRS) collection officers. [1] The scammers operate by placing disturbing official-sounding calls to unsuspecting citizens, threatening them with arrest and frozen assets if thousands of dollars ...
In fact, you might be so busy during tax season that you fail to recognize the signs of a tax scam. If the IRS sends an email asking you to divulge personal or financial information, you’re ...
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1099 OID fraud is a common scam used to obtain money from the U.S. Internal Revenue Service (IRS) by filing false tax refund claims. [1]Form 1099-OID is intended to be submitted to the IRS by the holder of debt instruments (such as bonds, notes, or certificates) which were discounted at purchase to report the taxable difference between the instruments' actual value and the discounted purchase ...