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Beware Of Phony Tax Payment Rejected IRS Emails

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Krystina Borrocci at UHY LLP talks about how an increasing amount of complaints have been made regarding emails informing a taxpayer that their federal tax payment is being returned by their financial institution.

Sterling Heights, MI (PRWEB) August 21, 2014

An increasing amount of complaints have been made regarding emails informing a taxpayer that their federal tax payment is being returned by their financial institution. Although the email domain appears to come from the IRS, tax@irs.gov, its actually a phishing tactic used to lure unsuspecting victims to provide personal and financial information.

While similar scams have been going on for a few years now, an uptick in phishing activity is occurring right now.

First, its important to note that the IRS will not contact anyone using email. Second, do not click on any link or download attachments in these phony emails. They contain links to scam sites (sometimes disguised as the IRS website) and also direct recipients to a bogus link for a notification or transaction report that, when clicked, downloads infectious malware to the victims computer. The perpetrator then captures personal and/or financial information already stored on the taxpayer's computer, or obtained through keystrokes or screen shots, and uses this information to commit identity theft.

Report any such incidents to the IRS or consult your local tax professional.

About UHY LLP

UHY LLP, a licensed CPA firm, provides audit and other attest services to public and private companies. UHY Advisors provides tax and consulting services to a variety of sectors. UHY Advisors FLVS provides forensic, valuation, intellectual property, electronic discovery and international arbitration services to law firms and their clients. Many of these services grew from client business needs and their requests for assistance in a variety of areas of expertise.

UHY LLP, operating in an alternative practice structure with UHY Advisors, forms one of the largest professional services firms in the US. While that scale might provide confidence for some clients, others tell us our greatest value is the way we bring these resources to bear to help address todays evolving business challenges. Its a philosophy we call The Next Level of Service. To learn more visit http://www.uhy-us.com.

All of the above entities are members of UHY International, a global network of independent professional services firms that provide audit, tax and consulting services around the world. UHY International member firms comprise one of the top international accounting networks in the world. As a member firm, we provide our clients with resources in business centers strategically located around the globe. We are an active member in this organization with significant participation that brings the power of an international network to bear for our clients.

UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc. and its subsidiary entities. UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name of UHY Advisors. UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms. UHY LLP and UHY Advisors, Inc. are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. UHY is the brand name for the UHY international network. Any services described herein are provided by UHY LLP and/or UHY Advisors (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.

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