Authorities Warn of Surge in SMS Tax Scams Linked to Cryptocurrencies Amid IRS Turmoil and Workforce Cuts

As the tax filing season approaches, authorities are warning taxpayers about a surge in scams targeting individuals. Reports indicate that criminals are exploiting the period for tax declarations to perpetrate fraud, including SMS scams linked to cryptocurrencies. The IRS is facing turmoil, which has compounded the issue, as tax swindlers thrive amid workforce cuts and operational challenges. Recent alerts from various agencies highlight fraudulent texts demanding payment for traffic fines and notifications impersonating tax authorities. The IRS has also issued reminders to millions of Americans in disaster areas regarding their tax obligations, emphasizing the need for vigilance against scams during this critical time.