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Mar 4, 08:24 PM
IRS Warns Individuals of Tax Season Scams; Professionals Brace for Increased IRS Scrutiny on Crypto Taxes
Crypto

IRS Warns Individuals of Tax Season Scams; Professionals Brace for Increased IRS Scrutiny on Crypto Taxes

Authors
  • CNBC
  • Larry Elder
  • NYPD NEWS
7

As tax season begins, authorities warn of scammers targeting individuals for payments using deceptive methods like gift cards, crypto-currency, or wire transfers. The IRS emphasizes they will not request such payments over the phone. Tax professionals are preparing for increased IRS scrutiny on crypto taxes. Tax refunds, typically a financial boost, are now a target for scammers seeking to steal identities and claim owed money.

Written with ChatGPT (GPT-3).

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