News
Watchdog Slams IRS Effort on Foreign-Asset Reporting Scofflaws
21+ hour, 54+ min ago (283+ words) The IRS has failed to do enough to crack down on wealthy taxpayers who ignore their obligations to report their foreign-held assets, a Treasury Department watchdog said Tuesday. The IRS has identified hundreds of US taxpayers who failed to file…...
How to Freeze Your Credit in 15 Minutes (and Why Every Retiree Should)
23+ hour, 23+ min ago (351+ words) A credit freeze is one of the greatest tools you have to keep identity thieves away from your finances. While a credit freeze can make sense for people at any stage in life, retirees may especially benefit since scammers often…...
Tax Season Scams 2026: How IRS Phishing, Fake Tax Messages, and AI Fraud Threaten Businesses
19+ hour, 32+ min ago (557+ words) Tax season scams in 2026 include fake Internal Revenue Service (IRS) messages, phishing texts, spoofed phone calls, and fraudulent tax websites. Federal US officials and security researchers warn that scammers are also using AI, QR codes, and other tools to make…...
Think your identity was stolen? Act fast | Wisconsin Newspaper Association
23+ hour, 26+ min ago (646+ words) Know Your Legal Rights'is a bi-monthly column distributed by the State Bar of Wisconsin. It is sponsored by the State Bar of Wisconsin's Lawyer Referral Service (LRS), which connects Wisconsin residents with lawyers throughout the state. To find an attorney…...
IRS struggles against nonfilers with large foreign bank accounts
16+ hour, 19+ min ago (390+ words) The report, released Tuesday by the Treasury Inspector General for Tax Administration, examined Foreign Account Tax Compliance Act, also known as FATCA, which was included as part of a 2010 law in an effort to tax income held by U. S. citizens in…...
The Refund Scam Hitting During Filing Season and How to Avoid It
1+ mon, 2+ day ago (223+ words) Tax season attracts more than accountants, calculators, and piles of paperwork. It also attracts criminals who see refund money as low-hanging fruit waiting to disappear into the wrong hands. Every year, scammers launch aggressive schemes designed to intercept refunds or…...
From online romance to crypto traps: How "pig butchering" scams linked to Iran are targeting Americans- Moneycontrol. com
1+ day, 7+ hour ago (209+ words) What begins as a harmless swipe on a dating app is increasingly being flagged as a potential entry point into a sophisticated financial scam with geopolitical implications. A report by the Daily Express US claims that networks allegedly linked to…...
Tax season threats: How AI'driven scams are evolving and how to spot them
3+ week, 2+ day ago (213+ words) Tax season can be stressful and now scammers are making it worse by using AI, spoofed caller ID and fake websites to create convincing, urgent'sounding contacts. 10 News recently received an AI'generated voicemail from someone claiming to be a tax resolution…...
Capita under investigation after workers hit by pensions data breach
6+ day, 11+ hour ago (811+ words) A major pensions administrator is under investigation after admitting its second data breach in three years, the Government has confirmed. Capita, which runs the Civil Service Pension Scheme, confirmed that up to 138 retirees received the wrong annual statement or had…...
7 signs someone may have stolen your identity for a tax refund
3+ week, 1+ day ago (1246+ words) Tax-related identity fraud is a significant threat. In 2023 alone, the IRS flagged a whopping 1. 1 million tax returns for potential fraudulent activity, stopping over $105. 3 million in illegal returns. Unfortunately, for many, identity theft is a reality. With an aging population, limited…...