Take a deep breath before responding to any communication about your tax return – and verify that the query is actually from the IRS. Why the need for caution? The contact may be from a bogus IRS agent who intends to steal your financial identity.
The scam can take many forms and often starts with an official-looking e-mail complete with IRS logo that warns you of a problem with your return. To correct the situation, you’re instructed to click on an embedded link. The link sends you to a website that asks a series of personal questions. Answers you supply can be used to file fraudulent tax returns or extract money from your bank accounts.
Another tactic is a phone call from a fake IRS agent demanding information. Sometimes the phone call will follow a recent e-mail, intended to make the communication seem legitimate. The caller might even know the last four digits of your social security number.
Here is what you need to remember: The IRS will never initiate contact with you by e-mail.
How can you stay safe from scams? If you receive an out-of-the-blue e-mail purporting to be from the IRS, do not click any link or reply in any way. If you receive a phone call about your tax return, do not provide any personal details. Simply note the caller’s information and disconnect.
Whether you’re contacted by e-mail, phone call, or standard mail paper notice, please call your tax professional immediately. S/he will help you determine if the communication is real – or not – and guide you on the best way to respond.