Tax

First thing that should come to mind is, "red flag!" On February 13, 2008 President Bush signed the economic stimulus package. Along with that came a multitude of questions. Also, we now face possible scams. Be it e-mails, telephone, the list is endless.

There are millions anxiously awaiting the 2008 tax rebate check. As I said, waiting. The thought of having their refund much faster, has prompted some to fall victim to the latest scam. The distribution of checks will not begin until the end of May.

Having said that, what can you do to protect yourself? Be informed. Through the IRS website, and other resources. I was able to gather the following information.

Types of tax rebate scams;

Rebate phone call; The caller tells the victim they will receive a large rebate, simply by filing their taxes early. To finalize, they need only to give their bank account information. This will ensure the direct deposit process. The IRS does not collect this information via telephone.

Refund e-Mail; In this scenario, the scam artist tells the suspected target to click on a link to access a refund claim form. Then you are instructed to enter your personal information. This will allow them to access your bank account information. The IRS does not send e-mails in regard to tax account matters. Whether it is an individual, business, tax-exempt or other taxpayers.

Not pertaining to the tax rebate, but equally important, are;

Audit e-Mail, Changes to Tax Law e-Mail, and Paper Check Phone Call. To find out more, IRS Warnings

Basically, should you be involved with any of the above mentioned. They suggest, if you have received either a questionable e-mail, or phone call. Send an e-mail directly from there website. The information is provided. This should be done by typing irs.gov into the address box. A reminder, never click on a link in an e-mail.