Send unsolicited letters or emails stating that you are eligible for a government plan to help you pay off your tax debt. He's a creative fraudster who wants you to think you're working with a government entity related to the IRS. Charge a large down payment that is usually equal to the amount of cash you include in an asset inventory. If you get a call from someone who claims to reduce or eliminate your taxes and it sounds too good to be true, it could be a scam.
If you get an unsolicited call or contact from someone offering help to eliminate your debt, be very careful. It is very likely that he is a scammer. Or you can impose a property tax, in which case you can take the property and sell it to recover the taxes you owe to the government. There are legitimate tax debt relief companies with qualified, licensed, and experienced professionals who want to help you.
The Form W-2 scam is just one of several new variants that focus on the large scale theft of sensitive tax information by tax preparers, businesses and payroll companies. The IRS, state tax agencies and the tax industry are warning tax professionals about new email scams that attempt to steal their tax preparation software credentials. The IRS is warning the public about a new twist in the IRS impersonation phone scam, whereby criminals falsify calls from the Taxpayer Advocate Service. Credit counseling can help you create a debt management plan that allows you to bundle all your debts into a single monthly payment, often at a lower interest rate.
In a new version of a common scam, the IRS, state tax agencies and the tax industry are warning tax professionals to beware of growing identity theft scams that use various issues related to the pandemic to steal customer data. The tax relief company knows that if you waited until after you had to give the bad news, you would refuse to pay. It's a sign that it was a temporary phone number created by Internet fraudsters so that victims would reveal personal information with the promise of obtaining tax relief. If a tax debt assistance company doesn't thoroughly analyze your financial history first, it may not be able to help.
These thieves attempt to steal customer data and the identities of tax preparers, allowing them to file fraudulent tax returns for refunds. The IRS's efforts to combat tax fraud and other financial fraud help protect taxpayers around the world and highlight the importance of fraud prevention for society. Watch for fake emails that appear to come from your tax professional requesting information for an IRS form. And technically, it's possible to pay off your tax debt for less than the full amount you owe through an IRS commitment offer, known as an OIC.
As part of an ongoing focus on tax compliance issues, the IRS created the Office of Fraud Control to support the IRS's efforts to detect and deter fraud while strengthening the national anti-fraud program. In reality, very few people can have their tax debt reduced, much less to a fraction of what they owe.