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Alabamians owed $18 million by IRS: Are you on the list?

Alabamians owed $18 million by IRS: Are you on the list?

The IRS is warning taxpayers of an old scam with a new twist.

After filing your tax return, the scammer will put the tax refund into the taxpayer's real bank account through direct deposit. You may also want to check the security of any account that might be listed on your tax return, including your brokerage accounts. The recorded voice gives the taxpayer a phony case number and telephone number to call to return the refund.

Be aware than an extension of time to file your tax return doesn't grant any extension of time to pay your taxes. But they then contact the victim, and say the refund was deposited in error. The criminals asked taxpayers to forward the money to the collection agency.

By failing to file a tax return, people stand to lose more than just their refund of taxes withheld or paid during 2014. The message threatened the victim with criminal fraud charges, an arrest warrant and a "blacklisting" of the victim's social security number.

"A common theme among those who report failed grandparent scam attempts is that they disregarded the crook's demand for secrecy and immediately made a follow-up call to the grandchild in question or that child's parent".




Some ways to avoid identity theft include not trusting numbers on Caller ID even if it says, "IRS, ' scammers use a technique known as 'spoofing" to trick Caller ID.

Make sure you are educated about phishing schemes, which involvefraudulent email messages that are created to steal sensitive information, such as passwords, usernames or personal financial information. If you have any doubts at all, go directly to the legitimate website and access your account there.

In this fake IRS notice, which uses a realistic IRS logo, victims are told that they must return the refund money to a "local refund account" within 24-hours. Elect to automatically update the software.

If an email contains a link, hover your cursor over the link to see the web address destination.


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