Thursday, March 22, 2012

Scam Warning – Beware Of Tax-Related Emails

Tax season can be frustrating enough; don't make it worse by falling victim to a tax-related email scam. Each year cybercriminals use a variety of ploys to try to convince nervous taxpayers to reveal personal information. One currently circulating scam uses the name of a legitimate tax preparation software company—Turbo Tax.

The phony email tells recipients they need to upgrade their software in order to be in compliance with new tax laws. It also provides a link which leads to a fake (but legitimate-looking) website. At this point, recipients may be asked to enter personal information to confirm they're the software holder; the cybercriminals then use this information to file tax returns and have refunds sent to them.

To protect yourself:

  • Always check on the legitimacy of the tax preparation service you are going to use.

  • If you receive an email from any tax preparation software company, do not open it or click on any link. If you actually need a software upgrade, go directly to the company's secure site.
On a related note, keep in mind that the IRS does NOT send unsolicited email about tax account matters to taxpayers. If you should receive an email claiming to be from the IRS, DO NOT REPLY, CLICK ON ANY LINKS, OR PROVIDE ANY INFORMATION. Visit the IRS website for more about reporting and identifying IRS email scams.

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