Falsely increasing income to secure larger refundable credits such as the Earned Income Tax Credit can have serious repercussions. This scam involves inflating or including income on a tax return that was never earned, either as wages or self-employment income. Taxpayers can face a large bill to repay the erroneous refunds, including interest and penalties. In…
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Tax Scam
If you receive a surprise call from the IRS, it almost certainly not the IRS. The IRS generally sees a surge in scam phone calls that threaten police arrest, deportation, license revocation, and other things during the filing season. Be aware that the IRS generally initially contacts taxpayers by mail. If you need assistance preparing…
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