Now that tax season is upon us, it’s even more important to be vigilant about the latest tax scams and fraudulent activities that could lead to identity theft. The Internal Revenue Service has announced its annual ‘Dirty Dozen’ scams for the 2014 tax season and encourages taxpayers to pay more attention to their finances and tax-related activities during peak filing season.
Here are the ‘Dirty Dozen’ tax scams you need to watch out for this year: [continue reading…]
If you’ve been trying to stop the repo man from taking your car, and you paid an auto loan modification company for assistance, you may have been scammed, authorities say.
The Federal Trade Commission has filed charges against two California-based firms that allegedly made false promises to consumers, by claiming that the companies could prevent customers who were delinquent on their car notes from having their cars repossessed. [continue reading…]
If you’ve ever received a random phone call from someone claiming that you are delinquent on a payday loan or other type of debt, and must make a payment immediately to avoid legal action, you could be a target of a telephone collection scam.
The Internet Complaint Center (IC3) continues to receive complaints from victims of payday loan telephone collection scams and is finding that many pose as representatives of the FBI. Here’s what you need to know: [continue reading…]
The Internal Revenue Service (IRS) warns taxpayers to be very careful when filing their taxes so they don’t fall for one of the common IRS tax scams.
The IRS has created the “Dirty Dozen” tax scam list for 2012, identifying some of the most common scams taxpayers become vulnerable to right around tax season.
Whether they’re approached in person or contacted online, some taxpayers simply can’t tell the difference between a scam and legitimate service providers.
Here are the top 12 IRS scams of 2012: [continue reading…]
You never want to play “trick or treat” with financial con artists. Unfortunately, consumers do it all year long. Here are 5 ghoulish financial scams that can wreck your budget on Halloween - and all year long!
Foreign Lottery Scam – Here’s one straight from Transylvania. You get a letter telling you that you’ve won a million dollars. All you have to do is sacrifice your personal identification and you are on your way to riches. Don’t let some financial blood-sucker take a bite out of your bank account with the foreign lottery scam. Just say no.
Mystery Shopper Scam – Some invisible man wants to mail you a check to deposit into your bank. Once the check has cleared (which it never will) he says you will get to go on a shopping spree or you’ll qualify for a job as a mystery shopper. Of course there is no real job. This is totally fictitious. The only mystery here is the identity of the financial predator you’ve just turned your bank account information over to. Do yourself a favor and tell this phantom “thanks, but no thanks.”