Tax Scams That Could Cost You - WSPA.com

Tax Scams That Could Cost You

Posted:
By Diane Lee

Nothing is certain except death and taxes, except maybe scammers who see tax time as a way to make a quick buck.

Michael Manly in Anderson says his own tax preparer tried to put one past him.

"They didn't level with me in order to get these extra charges and then get the money for it.  They had charged me for a premium package that they didn't inform me about. Had I known upfront, I would not have chosen the premium package which was useless to me."  

IRS Enrolled Agent Dan Thomas says tax prepare fraud takes many forms.  Some have been caught falsely inflating your return.  But a warning; you're signing the return, so you are still on the hook.

He also warns some companies that claim to wipe out your tax debt are ripe with scams.

"I see this all the time where they're saying do you have IRS debt, we can help get you off, but most of the time those things like that are phishing for your personal information, they're maybe asking for money up front," said Thomas.

Another phishing scam could hit you online where fake emails claiming to be from the IRS try to fool you into giving up your personal information.

The rule of thumb: "The IRS never emails the taxpayer," said Thomas.

"Tax preparers say a scam that's growing more common has to do with identity theft.  You go to file your tax return.  Only to find out someone else already has used your name and social security number."

Finally, one of the most prevalent scams is committed by tax payers themselves who overstate chartable donations and other deductions to beef up their return.  

Watch out, the IRS has updated software aimed at catching returns that are just too good to be true.

  • Top StoriesTop StoriesMore>>

  • 1 Dead After Crash On Greenpond Rd.

    1 Dead After Crash On Greenpond Rd.

    Wednesday, August 27 2014 6:32 AM EDT2014-08-27 10:32:58 GMT
    1 dead after crash in Greenville County.1 dead after crash in Greenville County.
    The Highway Patrol says one person is dead after a single car crash in Greenville County.Troopers say ithappened at 12:05 a.m. on Greenpond Road near Martin Road just outside the town on Fountain Inn.Investigators say the drive of a 1998 Ford Expedition went off the road overturned and hit a fence.
    The Highway Patrol says one person is dead after a single car crash in Greenville County.Troopers say ithappened at 12:05 a.m. on Greenpond Road near Martin Road just outside the town on Fountain Inn.Investigators say the drive of a 1998 Ford Expedition went off the road overturned and hit a fence.
  • Extra Patrols in Place for Labor Day Weekend

    Extra Patrols in Place for Labor Day Weekend

    Wednesday, August 27 2014 5:49 AM EDT2014-08-27 09:49:54 GMT
    Extra patrols for Labor Day WeekendExtra patrols for Labor Day Weekend
    More South Carolinians will be traveling for Labor Day weekend than in the last 6 years. Over 450,000 people will be traveling more than 50 miles, according to AAA Carolinas.With so many people on the roads, law enforcement is putting out extra patrols to keep you safe.Hands Across The Borders starts Wednesday in the Upstate. This is where dozens of law enforcement agencies from North Carolina, South Carolina, and Georgia work together to stop drinking and driving.
    More South Carolinians will be traveling for Labor Day weekend than in the last 6 years. Over 450,000 people will be traveling more than 50 miles, according to AAA Carolinas.With so many people on the roads, law enforcement is putting out extra patrols to keep you safe.Hands Across The Borders starts Wednesday in the Upstate. This is where dozens of law enforcement agencies from North Carolina, South Carolina, and Georgia work together to stop drinking and driving.
  • Lyman Employee Suspended; SLED, FBI Involved

    Lyman Employee Suspended; SLED, FBI Involved

    Tuesday, August 26 2014 11:06 PM EDT2014-08-27 03:06:27 GMT
    Former Lyman Public Works Director Alan Johnson has been suspended without pay pending an investigation. Town council called an emergency meeting Tuesday to discuss the matter.
    Former Lyman Public Works Director Alan Johnson has been suspended without pay pending an investigation. Town council called an emergency meeting Tuesday to discuss the matter.
Powered by WorldNow

250 International Dr.
Spartanburg, S.C. 29303

Telephone: 864.576.7777
Fax: 864.587.5430
Email: webmaster@wspa.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.