TaxConnections

 
 

Access Leading Tax Experts And Technology
In Our Global Digital Marketplace

Please enter your input in search


Taxpayers Should Watch Out For Gift Card Scam



IRS LOGO - CLEAN VERSION

Taxpayers should always be on the lookout for scams. Thieves want to trick people in order to steal their personal information, scam them out of money, or talk them into engaging in questionable behavior with their taxes. Scam attempts can peak during tax season, but taxpayers need to remain vigilant all year.

Gift card scams are on the rise. In fact, there are many reports of taxpayers being asked to pay a fake tax bill through the purchase of gift cards.

Here’s how one scenario usually happens:

  • Someone posing as an IRS agent calls the taxpayer and informs them their identity has been stolen.
  • The fake agent says the taxpayer’s identify was used to open fake bank accounts.
  • The caller tells the taxpayer to buy gift cards from various stores and await further instructions.
  • The scammer then contacts the taxpayer again telling them to provide the gift cards’ access numbers.

Here’s how people can know if it is really the IRS calling. The IRS does not:

  • Call to demand immediate payment using a specific payment method such as a prepaid debit card, gift card or wire transfer.
  • Generally, the IRS will first mail a bill to any taxpayer who owes taxes.
  • Demand that taxpayers pay taxes without the opportunity to question or appeal the amount they owe. All taxpayers should be aware of their rights.
  • Threaten to bring in local police, immigration officers or other law-enforcement to have the taxpayer arrested for not paying.
  • Revoke the taxpayer’s driver’s license, business licenses, or immigration status.

Tax Tip 2019-167

IRS

TaxConnections posts content from the IRS to educate our readers on Federal Tax Rules and Regulations and important updates.

One thought on “Taxpayers Should Watch Out For Gift Card Scam

  1. Avatar gEORGE kARADIMAS says:

    IN THE irs REGULATIONS AND INSTRUCTIONS, THE irs ALWAYS STARTS WITH THE WORD “Generally”!, IN MY FEEBLE UNDERSTANDING OF THE ENGLISH LANGUAGE, THAT MEANS most OF THE time, some of the time, perhaps, maybe BUT NOT ALWAYS, IF WE WANT IT TO MEAN SOMETHING ELSE! WILL THE AUTHOR PLEASE ELABORATE ON THE MEANING OF THE WORD “GENERALLY” , AS IT PERTAINS TO THE IRS? THANK YOU GEORGE

Leave a Reply