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Tuesday, August 11, 2015
RELAX, IRS has eliminated Fraud
Wish this was true, but it's yet another Financial Myth. You can read the whole article here, or, my abridged version below.
It's good to know the 5 things IRS will not do:
Angrily demand immediate payment over the phone, nor will the agency call about taxes owed without first having mailed you a bill.
Threaten to bring in local police or other law-enforcement groups to have you arrested for not paying.
Demand that you pay taxes without giving you the opportunity to question or appeal the amount they say you owe.
Require you to use a specific payment method for your taxes, such as a prepaid debit card.
Ask for credit or debit card numbers over the phone.
If someone attempts to fool you in this manner, immediately turn them in at http://apps.irs.gov/app/scripts/exit.jsp?dest=https://www.treasury.gov/tigta/contact_report_scam.shtml