The practice of scamming citizens for financial information, identity theft, or to simply steal funds has unfortunately been going on for quite some time. While technological advances have given individuals a better opportunity to protect their privacy, it has also raised the game of those behind such despicable acts. Understanding verified correspondence with any party in question, can go a long way in helping to reduce the likelihood that you fall victim to such a scheme.

Fortunately, the Internal Revenue Service (IRS) is well aware of many tricks that evil doers attempt to have honest people fall for and reporting any such new activity can help save others. By maintaining a solid communication principle throughout their existence, the IRS helps to eliminate any potential misguidings by attempted bad guys. Understanding these simple processes will also help to protect your finances from being divulged or accessed through a potential scam.

Situational Knowledge

First and foremost, knowing your own personal tax situation can make dealing with any potential scams easier. Those behind the scams typically attempt to extort any individual with threatening information about past due payments, often demanding some rate of immediate payment to help negate further action. If you’re aware that no taxes or anything has been late or owed, then its an obvious scam. Unfortunately, even if you do have some type of back tax to be rectified, the method of communication from the IRS to an individual will never be demanding or subject to any form of immediate payment to rectify an action.

Phone Calls

In addition, the IRS typically does not utilize phone calls for this reason. Unless you have personally requested a voice call, the IRS will not ordinarily phone you first. Instead, notices will be sent via the US Mail service and often there are multiple attempts before any further measure is taken. When it's really the IRS calling or knocking on your door, a majority of the time it has been preceded by a written communication.

Phishing

Another popular method of retrieving information is through emails made to look as if they are generated from a legitimate source. While people should be aware of these for potential computer threats, the utilization of contact here, preceding a phone call has also been rising in popularity as the extent to which individuals are going in order to trick people continues to grow. Understanding how the IRS contacts taxpayers can aid in not finding yourself falling for one of these new methods of deception.

If you fear a mistake has been made and your information is in jeopardy, or need assistance deciphering if a point of contact is legitimate, then let the tax and financial experts at Bloch Rothman and Associates assist you or your business today. In addition, they can also take care of multiple other issues dealing with paying or owing back taxes, required audits from the IRS or other entities, or any other personal or corporate wealth management issues. Along with providing a quality tax service, our group can also complete tax returns or answer any other factors associated with financial issues or concerns you may have. Serving in Denver and all of the surrounding areas for 35 years, our firm has an extensive history in helping clients with any and all of their tax issues or dealings with the Internal Revenue Service. If you have questions about your personal, business, estate or any other filings, don’t hesitate to contact us today. Available for all of your tax needs and filings in Denver, there are also a number of bookkeeping and payroll services offered to assist you and your business. We look forward to meeting you and serving whatever your needs may be soon!