In tax season, watch out for scams

Mar 16, 2016
WBFO News File Photo

Across the nation, it’s tax season - time to take a look at W-2s, bank statements, and all the other aspects of your financial life. It’s also a time when trustworthiness is especially important.

New York Western District U.S. Attorney William Hochul, Jr. said one of the best defenses against problems at tax time is going to a legitimate tax preparer. He said citizens should be able to trust such professionals, but should also be on the lookout for a particular warning sign.

Ken Teegardin / Flickr

Sen. Charles Schumer used this year's tax deadline to call for more help for the victims of tax refund fraud, which he said is the most common form of identity fraud.

The New York Democrat told reporters Wednesday that he is pushing legislation that would create a new resource at the Internal Revenue Service for the victims of refund fraud, which he says affected 70,000 New Yorkers and 2.3 million Americans last year.

Congressmen representing central and northern New York all agree that the recent IRS profiling of conservative organizations, including tea party groups, is wrong.

401(K) 2012 / Flickr

There could be some surprises for taxpayers in 2013. Many of them may find themselves with a bigger tax bill next year.