Taxpayers must be cautious of tax scams and fraud from "summary" of Income Tax Fundamentals 2021 by Gerald E. Whittenburg,Martha Altus-Buller,Steven Gill
Taxpayers must always exercise caution and vigilance when it comes to tax scams and fraud. Scammers are constantly evolving their tactics to deceive unsuspecting individuals, making it crucial for taxpayers to stay informed and on guard. It is essential to be aware of the common types of scams that are prevalent, such as phishing emails, phone scams, and identity theft. Phishing emails are often designed to resemble official communication from the IRS or other tax authorities, tricking individuals into disclosing personal information or clicking on malicious links. Taxpayers should never provide sensitive information via...
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