In a bid to keep small and medium-sized businesses safe from falling victim to tax scams, Attorney General Dana Nessel is warning entrepreneurs of the dangers they face during the tax season. Scammers often target these businesses by making false promises of tax refunds, sending phony tax bills, and even making threats of legal action.
One common scam that businesses may encounter is W-2 scams, where fraudulent emails and texts are sent to payroll or human resources professionals in an attempt to obtain tax information. Another scam involves fake application websites for Employer Identification Numbers (EINs). To avoid falling victim to these scams, it’s recommended that businesses only trust websites ending in “.gov.”
To protect their businesses, owners can train their employees on common scam tactics and impostors to watch out for. If a business believes they have been targeted in a tax scam, they should file reports with the IRS and FTC and contact the FBI if their emails have been compromised. The state of Michigan’s website offers more information on how to protect your business from tax scams.
In conclusion, it’s crucial for small and medium-sized business owners to stay informed and alert during the tax season. By being aware of the common tactics used by scammers, businesses can protect themselves and their finances from falling victim to fraudulent attempts. Attorney General Dana Nessel and the state of Michigan are committed to helping businesses defend against fraudulent attempts during tax season.
