Are you aware that seniors are often targeted by scammers posing as the IRS or other tax authorities? As a vulnerable population, seniors need to be especially vigilant to stay protected from these nefarious schemes. Learn the tell-tale signs of potential tax scams for seniors, how to verify the legitimacy of communication, as well as measures to do if seniors suspect they're being targeted.
Knowledge is power, and together we can keep our senior community safe from financial predators.
Common Signs of Potential Tax Scams for Seniors
Unfortunately, scammers can be quite creative and persistent in their methods, making it crucial for seniors to recognize the warning signs of potential tax scams. Some common red flags include:
Unsolicited Phone Calls or Voicemails Claiming to Be From the IRS
Scammers often impersonate IRS agents on the phone, using scare tactics to convince seniors they owe money. Remember, the IRS will never initiate contact with taxpayers by phone.
Emails or Text Messages Requesting Personal or Financial Information
Phishing emails or texts often appear to be from legitimate organizations, asking for sensitive information or urging recipients to click on a link. Beware of such messages, as the IRS does not communicate with taxpayers this way.
Threats of Arrest, Lawsuits, or Other Severe Consequences for Not Paying Immediately
Scammers may also intimidate seniors with dire consequences if they don't pay the alleged debt right away. Keep in mind that the IRS follows due process and does not issue immediate threats.
Requests for Payment Through Unconventional Methods
If someone asks seniors to settle a supposed tax debt using unusual payment methods, such as gift cards or a wire transfer, it's likely a scam. In fact, the IRS will never demand payment through gift cards, wire transfers, or other unconventional means.
How to Verify the Legitimacy of a Communication
If seniors receive communication related to taxes and are unsure whether it's genuine, it probably isn't. Keep in mind that the IRS will never initiate contact through phone calls, emails, or texts. If the communication comes through one of these channels, it's likely a scam.
Check the IRS website for official contact information and compare it to the information provided in the communication. It's a red flag if they don't match. It's also important to contact the IRS directly to verify any requests or claims made in the communication. Seniors may want to use the official phone number or website to ensure they're communicating with the real agency.
What to Do if Seniors Suspect a Scam
Do not provide any personal or financial information to the suspected scammer. Seniors should keep their Social Security numbers, bank account information, as well as other sensitive details safe. In addition, it's never a good idea to click on any links or download any attachments in suspicious emails or texts. This could expose seniors' devices to malware and compromise their personal information.
Hang up the phone if seniors receive a suspicious call and do not call back the number provided in a voicemail. Instead, contact the IRS using their official contact information to report the incident.
Senior Helpers Rockland and South Orange Counties Can Help Protect Seniors
In conclusion, it's essential for seniors to stay vigilant and informed about potential tax scams to protect themselves as well as their hard-earned savings. Knowledge is our best defense in combating financial predators who prey on the vulnerable. In addition, you can share this information with your friends and family to help keep your community safe.
If you or your loved one living in Middletown, New City, Spring Valley, Nanuet, Orange County, or Rockland County need assistance with daily activities as well as other senior resources, contact Senior Helpers Rockland and South Orange Counties for compassionate and professional help.