Tax scams, IRS notices, and more…

Tax scams, IRS notices, and more…

Wishing you the IRS: Infinite Riches and Success!


In this month’s Newsletter, I bring you a monthly roundup of tips, and insights on tax scams, IRS notices, and how you should deal with them.


Beware of tax scams! It's a fact: the IRS never reaches out via phone calls or emails.?


But despite this, one of my clients recently encountered a concerning situation. After filing for an LLC, they received what seemed like an official notice demanding payment. Upon closer inspection, the provided address turned out to be non-existent. ???


Now, you might wonder: if the IRS doesn't communicate via phone or email, how can you spot a legitimate notice?


My advice: ???????????? ???????????? ?????? ???????????? before parting with any money or taking any notice at face value!?

It's that simple.



Wishing you vigilant eyes against tax scams.


Receiving an IRS notice can be unsettling, but it's often standard procedure. Not all notices indicate wrongdoing.?


Stay calm and verify its authenticity. Reach out to your CPA for clarification and guidance. They'll help assess if action is needed. Proactive communication with your CPA is essential for addressing any concerns confidently and resolving issues promptly.



Quote of the Month

“Our ability to manufacture fraud now exceeds our ability to detect it.” - Al Pacino

Don't hesitate to reach out if you’ve any further questions.


Here’s to financial success!


Cheers,

Jaye Subramanian

Ed Garner

The Coaches Coach | Leader Developer Keynote Speaker | Leadership Trainings Business Strategist | Team Builder | Leadership Facilitator

5 个月

Thanks for the awareness on these letters, gosh, I have received so many of them. They also come through after trademarks are filed. The first you’re thinking these are official documents. I’m grateful for the wrist management with our advisors.

Marco Franzoni

7x Founder, Writer & Investor. Follow for tips on EQ & Leadership Growth. ??

5 个月

So informative Jaye! Always good to stay updated on tax scams and IRS notices.

回复
Tony Castaldi, MS, MBA

Helping small business owners increase profits while working less.

5 个月

Knowing that the IRS does not reach out via phone or initiate contact via email can eliminate a lot of potential headaches. Thanks for the the important info Jaye Subramanian, CPA.

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