IRS Warns of Alabama Tax Scam Targeting Social Security Recipients

The Internal Revenue Service has issued an urgent warning about a tax scam targeting adults 55 and older in Alabama.

People are encouraged to be wary if anyone approaches them about filing for a tax refund by somehow using Social Security retirement or disability benefit amounts. Citizens 55 and older and others may be targeted directly by the scam artists or may be encouraged to participate in the scam by citizens who innocently believe it to be legitimate.

The bottom line is this: Retirement or disability benefits received generally cannot be used to generate a legal tax refund. Any such claim filed with the IRS may result in civil or criminal penalties.

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Posted by dreynold at December 5, 2007 03:38 PM | TrackBack