12/02/2025
Protect Your Personal Information
Tax season is the one time of year when nearly every American divulges personal information about his or her financial life to outsiders. The following are some red flags to be aware of this tax season.
1) Beware of “Phishing Tax Scams & Emails”
The IRS will never send you an email requesting personal information. Do not open any attachments or click on any links. This practice is designed to steal your identity.
2) Say “No” to Tax Refund Anticipation Loans (RALs)
A tax refund scam is the RAL. The lender is hoping that you'll need money and be willing to pay a hefty fee so you won't have to wait for it. Even if you do need money, avoid tax refund loans at all costs. The interest rate, plus the filing fee and a same-day processing fee, on tax refund loans can cost hundreds of dollars. You may be saddled with debt if your refund does not pan out.
Filing your returns electronically and requesting that your refund be deposited directly in your bank account – cost you considerably less than going to a lender/loan shark. Also, most refunds are processed in 10–21 days.
3) Find Trusted Assistance
Anytime Tax Service is considered the triple A's of taxes --- Accredited, Accurate, Affordable. Contact us at 703-201-1100 or 301-512-1000. We can assist you in preparing your taxes this year.
4) Do your homework when choosing a tax preparer:
• Look at the professional’s history and credentials. Avoid anyone who says they can get you a larger refund than other preparers or who bases their fee on a percentage of the refund.
• Avoid preparers who do not sign your return. They cannot legally represent you and is unknown to the IRS.
• You are responsible for your return. Remember that you are legally responsible for the return that is being filed. Although the preparer bears most of the tax work, if the IRS confirms fraudulent items in your return, you may be liable for additional taxes, interest and possible penalties.
Update provided by Anytime Tax Service LLC
