The Better Business Bureau wants you to be on the lookout for scams related to income tax refund season. The agency warns there are scammers, businesses that have good intentions but cannot deliver for one reason or another, and offers that will charge you to do what you can probably do on your own.
There has been a recent series of advertisements that claim the IRS would rather settle for a lower amount if you owe back taxes than to take you to court. BBB Investigator Bill Smith tells The Big Z that may be true, but you should always do a little investigating.
Click here for Smith's comments
Smith says a lot of companies, especially this time of year, claim they have special expertise that help them reduce your tax liability significantly. He says before agreeing to a contract with any business claiming such things, you would probably be just as well to try it yourself.