Fraudsters use fake rebates to trick taxpayers
US identity thieves using fake tax rebates to steal personal information, Internal Revenue Service warns
US identity thieves using fake tax rebates to steal personal information, Internal Revenue Service warns
A band of identity thieves operating in the US is offering tax payers false
tax rebates in order to steal their personal information, the US Internal
Revenue Service has warned.
According to one scheme, AP reports, the gangs contact tax payers by
telephone an claim that they can only receive a rebate by furnishing bank
account information in order to obtain a direct deposit.
The IRS emphasised that it did not collect information on the telephone and
that at the present time there was no legislation in place offering tax rebates.
Last week the US government approved tax rebates of $600 (£302) and $1200 for
individuals and couples respectively, and another $300 per child.
Further reading:
British police foil Nigerian
fraudsters
The numbers you crunch tell a story. Your expertis...
16yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleHMRC sees the profit or loss made on buying and selling of exchange tokens as within the charge to Capital Gains Tax (CGT). Read More...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
View articleHMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT), considers how the rules on deductible expenses work in a social med...
View articleATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...
View articleThis was the fourth largest borrowing year since records began in 1993 Read More...
View articleATT technical officer, David Wright, provides an overview of the welcome relaxation to CGT provisions for separating couples looking to transfer asset...
View article