Norton Scientific Reviews on IRS Warns of Tax Fraud Scam (DOC download) by kurthoax

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									Norton Scientific Reviews on IRS Warns of Tax Fraud Scam

RedGage - 4/12/2012 - Norton Scientific Reviews blog gives you the latest update on IRS
warning on Tax fraud and other related scams.



The US Internal Revenue Service has published their yearly ranking of tax scams, called Dirty
Dozen, in an effort to remind taxpayers to be cautious as there are many schemes designed to
cheat them this tax period.



The list which is compiled by the IRS every year also contains a wide range of common tax
scams that people can encounter anytime. But the fraudulent claims usually increase during the
time people file their tax returns. Con artists will try to cheat people either through online, email
messages, flyers, word of mouth or personal encounter. They are armed with misleading
promises about free money or lost refunds.



The most complex and accounts for the most number of victims is the case of identity theft. IRS
has seen increasing number of such cases where the thieves use legitimate taxpayers’
information to file a return and claim a fraudulent refund. A notice from the IRS will usually be
sent to a taxpayer if more than one return was filed in his or her name, or if he or she received
salary from an unknown employer.



Suspicious preparers of return have been known to steal their clients’ refunds or charge huge
amounts for preparing the return on the client’s behalf. They basically draw potential clients by
promising guaranteed or increased refunds. A number of federal courts have already issued
hundreds of injunctions while the Justice Department has many pending complaints against
others.



Because of this, taxpayers are warned to choose carefully who to hire as tax preparer. As a
preventive measure, every paid preparer are required to have a PTIN (Preparer Tax
Identification Number) that he needs to put on the returns he prepares.



Scammers typically target the elderly and persons who have low income in order to bring false
hopes and charge them for the ‘advice’. But victims always end up disappointed afterwards.
For instance, several years ago, one of the most widespread tax frauds toyed with the concept
that paying tax is not required at all but only voluntary. Furthermore, victims were told that if you
put a specific language on your tax return, IRS would not tax you. But as part of the whole
scam, you have to pay some amount or other to get the language and the proper forms.



The primary source of identity theft was discovered to be in hospitals where patient information
is not secured properly.



IRS announced last month a national crack down on suspected perpetrators of tax fraud as part
of their efforts to protect taxpayers. Together with the Department of Justice’s Tax Division, they
have created a protection unit and a hotline dedicated for fraud issues to assist taxpayers.



Norton Scientific Reviews is maintained by a blogger-cum-security-specialist who keeps a close
watch on the tech industry and the trend of badware. This blog aims to educate the public and
keep the pros up-to-date with regards to malicious software and their respective anti-virus
counterparts.



In this digital age, being in-the-know is the most elementary step to avoid getting pwned. Norton
Scientific Reviews covers even the most basic concepts on malware and infection prevention for
newbies. While for tech junkies, there are also in-depth software reviews and jargon-filled tech
reports on various topics.

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