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IRS Tax Tip 2018-186
Don’t take the bait: Here’s how taxpayers can avoid getting caught by a phishing scam
Data thieves don’t take a break during the holidays. In fact, the IRS warns taxpayers that the agency is seeing a large increase in bogus email schemes that seek to steal money or tax data.
The most common way for cybercriminals to steal money, bank account information, passwords, credit cards and Social Security numbers is to simply ask for them. Every day, people fall victim to phishing scams or phone scams that cost them their time and their cash.
Here are a few steps taxpayers can take to protect against phishing and other email scams. When reading emails, people should:

• Be vigilant and skeptical. Never open a link or attachment from an unknown or suspicious source. Even if the email is from a known source, the recipient should approach with caution. Cybercrooks are good at acting like trusted businesses, friends and family. This even includes the IRS and others in the tax business.
• Double check the email address. Thieves may have compromised a friend’s email address. They might also be spoofing the address with a slight change in text. For example, using [email protected]  instead of [email protected].  Merely changing the “m” to an “r” and “n” can trick people.
• Remember that the IRS doesn’t initiate spontaneous contact with taxpayers by email to ask for personal or financial information. This includes asking for information via text messages and social media channels. The IRS does not call taxpayers with aggressive threats of lawsuits or arrests.
• Not click on hyperlinks in suspicious emails. When in doubt, users should not use hyperlinks and go directly to the source’s main web page. They should also remember that no legitimate business or organization will ask for sensitive financial information by email.
• Use security software to protect against malware and viruses found in phishing emails. Some security software can help identity suspicious websites that are used by cybercriminals.
• Use strong passwords to protect online accounts. Experts recommend the use of a passphrase, instead of a password, use a minimum of 10 digits, including letters, numbers and special characters.
• Use multi-factor authentication when offered. Two-factor authentication means that in addition to entering a username and password, the user must enter a security code This code is usually sent as a text to the user’s mobile phone. Even if a thief manages to steal usernames and passwords, it’s unlikely the crook would also have a victim’s phone.
• Report phishing scams. Taxpayers can forward suspicious emails to [email protected].

More information:
Taxes. Security. Together
Publication 4524, Security Awareness for Taxpayers
Protect Your Clients; Protect Yourself
Tax Security 101 series.
Share this tip on social media — #IRSTaxTip: Don’t take the bait: Here’s how taxpayers can avoid getting caught by a phishing scam. https://go.usa.gov/xPFuf

The post Thieves Steal Identity and Money – IRS warning appeared first on Diane L. Drain - Phoenix Bankruptcy & Foreclosure Attorney.

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The post More Retirees Are Filing for Bankruptcy appeared first on Tucson Bankruptcy Attorney.

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The post City of Chicago’s New Ordinance Regarding Parking Tickets appeared first on David M. Siegel.

By Emma G. Fitzsimmons
A taxi driver named Roy Kim recently became the eighth professional driver to die by suicide in New York over the last year.
The city’s taxi commissioner, Meera Joshi, has characterized the deaths as an epidemic. The stories have drawn attention to the economic despair in the industry and prompted the City Council to weigh new legislation to help taxi owners reduce their debt and to increase driver wages.
Each case is different and it is difficult to know why someone decides to take their life. Most of the drivers were immigrants in their 50s and 60s, some of whom had told friends and family that they were having a difficult time making a living as Uber began to dominate the ride-hailing industry.
Three of the drivers owned a taxi medallion — the aluminum plate required to drive a cab in New York that once sold for more than $1 million. It is now worth as little as $200,000.
Here’s what we know about Mr. Kim and the broader crisis:Who was Roy Kim?Mr. Kim was a 58-year-old Korean immigrant who lived in Queens. He had driven a taxi for more than four years and bought a medallion last year for about $578,000 — an occasion he celebrated by having a sushi dinner with a driver he met years ago while waiting for passengers at Kennedy International Airport.
But Mr. Kim had complained to friends this year that he could not find fares. He began working more often, eventually driving seven days a week. Still, his friends were surprised by his death.
“There’s no other reason but the financial aspect,” said Kyung Ryong Kang, a friend and fellow driver who had celebrated at dinner with him last year. “It was harder and harder to survive.”
On Nov. 5, Mr. Kim was found hanging by a belt from the doorway to his bedroom, the police said.

He had an adult son who lives in South Korea. Friends have been unable to reach Mr. Kim’s son.

A group of drivers recently held a vigil at Flushing Meadows Corona Park in Queens to remember him. Mr. Kang said he misses seeing Mr. Kim at the airport taxi lot.
“He was a generous person and always bought coffee for us,” he said. Were the other drivers worried about their finances?Two other drivers who took their lives also owned taxi medallions: Nicanor Ochisor, who was from Romania, and Kenny Chow, who was from Burma. Both told friends they were worried about paying off their debt.In February, a black-car driver named Douglas Schifter killed himself with a shotgun in front of City Hall. He had written on Facebook that Uber had flooded the streets with vehicles and complained about having to work 100 hours a week to survive.
Drivers for Uber and other car services have also raised concerns about low wages. The other drivers who died by suicide were: Fausto Luna, an Uber driver; Abdul Saleh, a taxi driver who had leased his vehicle; Danilo Castillo, a livery driver; and Alfredo Perez, a livery driver.
“This tragedy underscores the importance of finding new ways for government, the industry and lenders to work in unity to address the financial challenges that are weighing so heavily on our licensees,” Ms. Joshi said in a statement after Mr. Kim’s death. What is the city doing to help drivers?
In August, the City Council approved a cap on Uber and other ride-hail vehicles — the first major American city to do so. The Council is considering a separate set of bills that would establish a health fund for drivers and create “driver assistance centers” to offer mental health counseling and financial advice.
Corey Johnson, the Council speaker, said the city was also looking at options to help medallion owners saddled with massive debt, from a partial bailout to a hardship fund. The New York Taxi Workers Alliance, a group that represents drivers, is urging the city to work with banks and philanthropic groups to write off 20 percent of taxi owners’ outstanding debt.
At the vigil for Mr. Kim, the group’s leader Bhairavi Desai had a message for taxi drivers who are struggling: The city is finally addressing the problem and things will get better soon.
“We know change is coming,” she said.
After Mr. Ochisor’s death, his family raised more than $30,000 to help pay off his medallion. An anonymous donor also contacted his son Gabriel Ochisor, wanting to help longtime drivers like his father. The donor sent him a batch of money orders, each worth $1,000, to deliver to 217 owners who bought their medallion before 1990 and still drive their taxi.
Mr. Ochisor is trying to reach all of the drivers to mail the gifts, which will be sent with a letter from the donor.
“Please know that your 3 decades (or more!) of service are appreciated and that my life has been made better by your having worked the streets,” the letter says.

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