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The IRS said scammers are contacting taxpayers through email, standard mail and phone calls, making false claims about the pandemic-related credit that only some select employers qualify for.
But the repercussions can be significant if taxpayers are caught in this scam. The IRS can slap a variety of penalties, including those of $5,000 or even jail time. For instance, in an accuracy ...
The U.S. government issued a series of stimulus payments in 2020 and 2021 to help Americans get through the coronavirus pandemic. By law, the last of those payments was issued no later than Dec ...
October 27, 2023 at 5:11 AM. They’re all over television: advertisements for companies saying they’ll “negotiate” with the IRS on behalf of taxpayers to try to get tax debt reduced or ...
Here are five financial scams experts warn about for 2024: 1. Grandparent Scams. This scam consists of fraudsters impersonating relatives and grandchildren asking for financial assistance. They do ...
This is a partial list of allegations of misuse of the United States Internal Revenue Service (IRS), which traces its roots to the creation of the Commissioner of Internal Revenue in 1862. Examples of political profiling controversies include cases in which IRS employees or government officials have allegedly used IRS resources to target ...
The Internal Revenue Service, in an alert, said a series of tax scams and inaccurate social media advice had led thousands of taxpayers to artificially inflate their refund claims. The bad advice ...
Thousands of people have lost millions of dollars to tax scams in recent years, according to the IRS. The problem is so prevalent that the IRS compiles an annual "Dirty Dozen" list of the worst tax...