Avoid Falling Prey to Tax Fraud
When it comes to paying taxes and filing taxes, people feel more confident about others than themselves. And this means that the business of accountants, agencies, consultants and anyone and everyone dealing with filing returns or preparing the same grows by leaps and bounds when the time to file returns come closer.
The initiation point of Tax Scams
The place where there is more rush for the filing returns or getting a small piece of advice from the experts of taxes is actually the initiation point of scams related to taxes. Many a times before a tax payer realizes that he is falling prey to a scam he is already trapped into it and is seen to bearing huge prices for the same.
Amid these experts, there are "notorious people" who are sitting and waiting to trap the people in tension and stress of calculating taxes and even filing them on time without going wrong.
Some of the tax related scams are mentioned below:
a. Emails and messages: One fine morning when you log onto your email, you may find a letter from so called "IRS" asking you to deposit more money as taxes. The possible reason you might be shown is that you went wrong with your tax calculations. But, before your get paranoid about the same, you must be cool enough to evaluate the mail and verify it before making any deposit to any given account. In fact, you can call or visit the IRS Office to confirm the same.
b. False Consultant and Accountants: When you look for a professional help to sort out your taxes, you may come across a "cheater" who may promise you to give suggestions on big deductions. He may assure that your taxes will be reduced with his expertise but be careful about "big promises". Before you pay any consultancy fee to any such expert, you must verify his existence and the registration number as well. After all, no one can be above the laws, and you have to pay the amount you are liable to pay, so don't get trapped.
c. Charitable trusts: Around the time of filing returns you may be approached by various personnel's assuring of getting tax deductions against the donations you make to their trusts, but, be careful whether these trusts are registered and they actually exist or not. Many a times, people take money and run away leaving behind no trace at all.
EUR Marketing Advertisements: There are advertisements made on various sites and even in the newspapers wherein schemes are mentioned to save taxes. Before you make any payment to such advertisements, make sure that you verify the reality and then move ahead.
Summary
Taxes have always been a scary phenomenon for the tax payers, but, Government always provides enough support to the payers in terms of deductions, procedure of calculating taxes and filing the same. The information is available on the net and even with registered authorities too. So, instead of feeling scared of the same one can always meet up the process wisely and calmly.
The initiation point of Tax Scams
The place where there is more rush for the filing returns or getting a small piece of advice from the experts of taxes is actually the initiation point of scams related to taxes. Many a times before a tax payer realizes that he is falling prey to a scam he is already trapped into it and is seen to bearing huge prices for the same.
Amid these experts, there are "notorious people" who are sitting and waiting to trap the people in tension and stress of calculating taxes and even filing them on time without going wrong.
Some of the tax related scams are mentioned below:
a. Emails and messages: One fine morning when you log onto your email, you may find a letter from so called "IRS" asking you to deposit more money as taxes. The possible reason you might be shown is that you went wrong with your tax calculations. But, before your get paranoid about the same, you must be cool enough to evaluate the mail and verify it before making any deposit to any given account. In fact, you can call or visit the IRS Office to confirm the same.
b. False Consultant and Accountants: When you look for a professional help to sort out your taxes, you may come across a "cheater" who may promise you to give suggestions on big deductions. He may assure that your taxes will be reduced with his expertise but be careful about "big promises". Before you pay any consultancy fee to any such expert, you must verify his existence and the registration number as well. After all, no one can be above the laws, and you have to pay the amount you are liable to pay, so don't get trapped.
c. Charitable trusts: Around the time of filing returns you may be approached by various personnel's assuring of getting tax deductions against the donations you make to their trusts, but, be careful whether these trusts are registered and they actually exist or not. Many a times, people take money and run away leaving behind no trace at all.
EUR Marketing Advertisements: There are advertisements made on various sites and even in the newspapers wherein schemes are mentioned to save taxes. Before you make any payment to such advertisements, make sure that you verify the reality and then move ahead.
Summary
Taxes have always been a scary phenomenon for the tax payers, but, Government always provides enough support to the payers in terms of deductions, procedure of calculating taxes and filing the same. The information is available on the net and even with registered authorities too. So, instead of feeling scared of the same one can always meet up the process wisely and calmly.