The ongoing global pandemic and outbreak of coronavirus (Covid-19) has undoubtedly impacted lives of people all across the globe. Originating in China before spreading to other areas of the world, the impacts have been far reaching and left many in America and elsewhere worried about their current financial situation. For all citizens of the United States, this outbreak occurred right in the middle of tax season - one of the most stressful times of the year for some individuals.
Being able to lower your tax season stress level doesn’t come easy - especially in the midst of a global virus outbreak that has rendered many people jobless and facing uncertain futures. Unfortunately, there are some individuals who wish to capitalize on these crazy times but understanding a few basics can help to ease the burden from fake advertisements or scammers looking to take advantage of an unfortunate situation.
Unless you have initiated contact, the Internal Revenue Service (IRS) only reaches out to consumers, initially, via the postal service. If you should receive an email in regards to taxes, owing a certain amount, paying past dues, or attempting to insinuate some type of funds transfer in regards to Covid-19 impacts, check the source and contact a professional tax service organization before proceeding.
Along those same lines, deceiving phone calls rank among the scams to watch out for in 2020. Similar to email attempts, this unwanted solicitation and attempts to deceive individuals should be closely monitored and reported if on the receiving end of any such notification.
Tax Filing Scams
The IRS and Treasury Department extended filing deadlines until July 15 from the original April 15 date. While this move was made in response to Covid-19, many scam acts are being associated with this declaration. No paperwork is needed in order to adhere to the new filing date, so any attempts to acquire sensitive information based on this premises should also be avoided.
Once you’re ready to file a return or if you need help determining exactly what information is legitimate while potentially needing answers to any other tax related questions, let the tax professionals in Denver
at Bloch Rothman and Associates assist you today. In addition to providing answers for your questions, they can also take care of multiple other issues dealing with paying or owing back taxes, required audits signaled by either the IRS or an outside agency, or any other personal or corporate wealth management issues. Along with providing a top quality tax service, our group can also complete all types of returns and get answers to any other factors associated with financial issues or concerns you may have. Serving 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, there are also a number of bookkeeping and payroll services offered to assist you and your business. We look forward to meeting you and providing the type of service you can rely on whatever your needs may be very soon!