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TIGTA Issues Alert on Rising Tax Season Scam via Text
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Subscribe31 JAN 2025 / ACCOUNTING & TAXES
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The Treasury Inspector General for Tax Administration (TIGTA) has warned taxpayers and tax professionals of a new scam involving fake IRS text messages that promise tax refunds but are geared towards stealing personal and financial details. This scam can lead to identity theft and financial fraud, with potential losses estimated to be much more than the $9.1 billion in fraud related to tax and financial crimes identified by the IRS Criminal Investigation in 2024.
Tax season is here, and while most Americans are busy filing returns, scammers are busy scheming. This year, fraudsters have cooked up a new tactic: fake IRS text messages that promise tax refunds but are designed to steal personal and financial informati...
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