Your Tax Strategy Should Include Keeping Your Eyes Out for a Scam

We live in a technology age. Everything is on computer. Our information has to be protected so it becomes increasingly important to keep your eyes peeled for scams. Especially around tax season, there are a variety of scams dealing with tax strategy. Understanding some of the red flags behind these tax strategy scams can help you avoid a lot of heartache. The first very common tax strategy scam is for people to try to get a hold of your tax return. This scam can come in the form of someone offering to prepare your taxes for next to nothing only to change the address so the return is sent their way instead of to your mailbox. To avoid this scam, you should never give information to anyone that isn’t an accredited tax professional. Don’t allow your papers to be sent without you double checking all of the information. Another common tax strategy scam is for someone to try to use your tax information as a form of identity theft. When you are preparing your taxes you have to realize that the information you include on tax forms is confidential information. You should always shred all information that has to do with your taxes, and, if you suspect any form of identity theft, you should report it immediately to prevent more problems. Most of the time, you can spot a tax strategy scam because the person is trying to bring you in with a deal that is too good to be true. If it seems like it is too good of a deal, it probably is. For example, many scammers...

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