Tag:

Tax

New Scam Involving Fraudulent Texts Impersonates IRS New Scam Involving Fraudulent Texts Impersonates IRS
New Scam Involving Fraudulent Texts Impersonates IRS A new scam involves unsolicited text messages impersonating the Internal Revenue Service (IRS), the agency says. The fraudulent messages falsely claim recipients are eligible for a $1,400 Economic Impact Payment and instruct them to click a deceptive link to "claim" the funds. How The Scam Works Victims receive a text message that appears to be from the IRS, stating they are owed an Economic Impact Payment. The message urges them to provide personal information to process the supposed payment. Scammers promise the money will be deposited into a bank account or mailed as a check within 1-2…
Some Americans Must File Tax Returns In March: Here's Who, Why Some Americans Must File Tax Returns In March: Here's Who, Why
Some Americans Must File Tax Returns In March: Here's Who, Why The Internal Revenue Service (IRS) has alerted some American workers that they face an early tax deadline.  Those in the group who did not make estimated tax payments by Wednesday, Jan. 15, 2025, must file their 2024 federal income tax returns and pay any taxes owed by Monday, March 3, 2025.  Due to the deadline falling on a Saturday, it has been extended from the usual Saturday, March 1, to Monday, March 3. Details of the Early Deadline Farmers and fishers who qualify for this special deadline are those who derived at least two-thirds of their gross income from their respective…
American Express To Pay $230M For Misleading Small Business Customers American Express To Pay $230M For Misleading Small Business Customers
American Express To Pay $230M For Misleading Small Business Customers American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products. The credit card company agreed to pay a $108.7 million civil penalty, the Department of Justice said in a news release on Thursday, Jan. 16. The settlement resolved claims against American Express of deceptive marketing and "dummy" account information. American Express was accused of engaging in unlawful sales tactics and falsifying records between 2014 and 2021. "When financial companies …