Tax scams are on the rise in 2025, targeting taxpayers with fake IRS calls, phishing emails, and bogus relief offers. Learn how to spot the red flags, understand how the real IRS makes contact, and discover proven ways to resolve tax debt without falling for fraud.
Identity theft is a nightmare, and when it involves taxes, it becomes an expensive and frustrating ordeal. Imagine expecting a well-deserved tax refund, only to
Tax season is already overwhelming for business owners. You’re drowning in financial records, deadlines, and compliance concerns—then, out of nowhere, a cyberattack hits. Suddenly, sensitive
In a stunning case of tax fraud, Salvador Gonzalez, a California-based tax preparer, was recently sentenced to six years in federal prison after orchestrating a
The IRS Criminal Investigation (IRS-CI) division made headlines in 2024 by uncovering over $2.1 billion in tax fraud. This achievement underscores the agency’s dedication to
As digital threats grow more sophisticated, safeguarding personal and financial information is not just a necessity for individuals—it’s critical for business owners who often have
The IRS has once again updated its reporting requirements for Form 1099-K, extending transition relief for business owners and individuals who use third-party settlement organizations
When it comes to tax preparation, honesty and transparency are critical—not only for the peace of mind it brings but also to avoid costly legal
In times of disaster, fraudsters often use people’s generosity to their advantage, setting up fake charities and using deceptive practices to steal money from well-meaning
Running a business is challenging enough without the added risk of getting entangled in fraudulent tax schemes. Unfortunately, some professionals misuse their expertise, leading to
The holiday season is a time of joy and giving, but it also presents an opportunity for scammers to take advantage of unsuspecting taxpayers. Among
The IRS’s recent recovery of $1.3 billion from wealthy tax dodgers highlights a renewed focus on tax enforcement, thanks to funding provisions in the Inflation
The IRS is at a critical juncture, facing potential funding cuts that could significantly impact its ability to enforce tax compliance, improve taxpayer services, and
The IRS Whistleblower Program is increasingly becoming a significant tool in the fight against tax evasion. This program, which rewards individuals for reporting tax non-compliance,
The gambling industry continues to grow, generating a staggering $60.5 billion in gross revenue in 2022. However, with great profits come great tax responsibilities. The
As a business owner, protecting your financial information is paramount. In today’s digital age, fraudsters are more sophisticated than ever, and consumer credit fraud or
For business owners, finding a trustworthy tax preparer is essential. However, as seen in the recent case of Salvador Gonzalez, a Riverside County man sentenced
The recent indictment of Ryan Ulibarri, a dentist in Colorado, serves as a stark reminder to business owners: don’t be tempted by complex tax schemes
When running a business, it’s essential to stay on top of tax obligations. The recent guilty plea of the leader of Yoga to the People
Running a business is never easy, especially when it comes to managing finances and tax obligations. One recent case sheds light on what can happen
As a business owner, protecting your personal and financial information from identity theft is crucial, especially when it comes to taxes. Identity theft is not
In today’s world, tax scams are becoming increasingly sophisticated, posing a significant threat to individuals and businesses alike. As a business owner, you need to
In a recent case that underscores the critical importance of tax compliance, Alabama chiropractor Gary Forrest Edwards was indicted on charges including tax evasion and
Each year, the IRS releases a list of the most prevalent tax scams, known as the “Dirty Dozen,” to help taxpayers avoid fraudulent schemes that can lead to financial and legal troubles. One significant scam is the rise of Offer in Compromise (OIC) Mills, where unscrupulous entities falsely promise to negotiate with the IRS to reduce tax debts, often charging hefty upfront fees for ineffective or non-existent services.
Avoiding Tax Scams: Protecting Yourself in Texas,Tax Scams
The IRS recently released its annual “Dirty Dozen” list of prevalent tax scams that business owners need to watch out for, ranging from phishing attempts and employee retention credit fraud to fake charities and abusive tax avoidance schemes. By being aware of these common scams and taking proactive measures, businesses can protect themselves from costly penalties, identity theft, and legal consequences
