The most common scam attempt is the “IRS Collection” call or email. The Internal Revenue Service has contracted with four private collection companies to recover unpaid tax debts because of a law passed in 2015.
The bad news? This change will most likely increase or sustain the number of attempts made by scammers.
The good news? According to the BBB Risk Report, this scam is unlikely to be successful because people are more educated about tax collection scams.
Scammers continue to craft their messages and use sophisticated verbiage to convince potential victims they owe taxes and will be in legal trouble if they do not pay them immediately. This new approach by the IRS gives scammers new ammunition for their efforts.
Have your radar up for scammers posing as private collection firms or using names very similar to officially contracted companies. The IRS are watching for these schemes and will work with partners in the tax community and law enforcement about emerging scams.
BBB wants you to know these things about the IRS’s recent collection change:
As always, you can help others by reporting scams to the BBB Scam Tracker.
Subscribe to the Morning Review newsletter
Get the day’s top headlines delivered to your inbox every morning by subscribing to our newsletter.