IRS Notification: Federal Tax Return/Payment Rejection or Refund Notice
Phishing bait:  Notice from the IRS indicating the recipient's electronic tax return or payment has been rejected or that the recipient has a refund coming. Examples:   [Collected via e-mail, October 2010] Subject: Your Federal Tax Payment ID 010357109 is rejected.  Urgent Report. Your Federal Tax Payment ID: 01037524 has been rejected. Return Reason Code R21 - The identification number used in the Company Identification Field is not valid. Please, check the information and refer to Code R21 to get details about your company payment in transaction contacts section: EFTPS: The Electronic Federal Tax Payment System PLEASE NOTE: Your tax payment is due regardless of EFTPS online availability. In case of an emergency, you can always make your tax payment by calling the EFTPS.  [Collected via e-mail, January 2008] After the last annual calculations of your fiscal activity we have determined that you are eligible to receive a Stimulus Payment. Please submit the Stimulus Payment Online Form in order to process it. A Stimulus Payment can be delayed for a variety of reasons.For example submitting invalid records or applying after the deadline. To submit your Stimulus Payment form, please download the document attached to your email. Note: If filing or preparation fees were deducted from your 2007 Refund or you received a refund anticipation loan, you will be receiving a check instead of a direct deposit. Regards,Internal Revenue Servicestimulus.payment@irs.gov  [Collected via e-mail, August 2007] From: "Internal Revenue Service" Subject: IRS Notification - Fiscal ActivityDate: Sun, 26 Aug 2007 23:57:35 +0300 After the last annual calculations of your fiscal activity we have determined that you are eligible to receive a tax refund of $268.32. Please submit the tax refund request and allow us 6-9 days in order to process it. A refund can be delayed for a variety of reasons. For example submitting invalid records or applying after the deadline. To access the form for your tax refund, please click here Regards,Internal Revenue Service Copyright 2007, Internal Revenue Service U.S.A. All rights reserved.  [Collected via e-mail, February 2009] Re: US Stimulus Check Information--------------------------------------------------------------------If you're one of the millions of Americans struggling in today's economy, help is available. You've been chosen for the chance to get a US Stimulus Check based on your annual income level. (Participation required. See below for details.) Refer to the chart below to determine the amount of money you can receive: --------------------------------------------------------------------$0 - $35,000........................$709 US Stimulus Check--------------------------------------------------------------------$35,000 - $70,000.................$615 US Stimulus Check--------------------------------------------------------------------$70,000+.............................$504 US Stimulus Check--------------------------------------------------------------------  Make your selection here, then follow the instructions on our website before this offer expires.  [Collected via e-mail, July 2009] Tax Refund Notification After the last annual calculations of your fiscal activity, we have determined that you are eligible to receive tax refund of 488.50 GBP. You are require to submit the tax refund request using the tax refund reference below and allow up 6-9 working days in order to process it [link elided] Note : A refund can be delayed for different reasons, for example submitting invalid records or applying after deadline. we apologise for any inconveniences and thank you for your co-operation. Yours Sincerely HM Revenue & Customs  [Collected via e-mail, June 2011] Department of Treasury Internal Revenue Source Important information about your tax return We are unable to process your tax return We recived your tax return. However, we are unable to process the return as field. Our records indicate that the person identified as the primary taxpayer or spouse on the tax return did not provided all the required documents shown on the tax form. Our records are based on information received from the Social Security Administration. Based on this information, the tax account for the individual has been locked  What you need to do Print out the attached notification and list of missing documents, fill it in, add the documents and send the following information to the adress shown in the attached notification. List of required documents: 1. A copy of this letter 2. Notification letter 3. A photocopy of valid U.S. Federal or State Government issued identification. Keep this notice for your records. If you need assistance, please don'thesitate to contact us  [Collected via e-mail, January 2012] IRS notice, The analysis of the last annual calculations of your fiscal activity has indicated that you are entitled to receive a tax refund of $115.25 Please submit a request of the tax refund and a processing of the request will take 7-14 days. A tax refund can be delayed by different reasons. For instance submission of invalid records or sending after the deadline. Please find the form of your tax refund attached and fill out it and send a report. Regards,Internal Revenue Service. Origins:  Notices purporting to come from the Internal Revenue Service (IRS) make good  phishing bait for a number of reasons: phishing  Notices from institutions of the federal government (especially an agency with the ominous reputation of the IRS) grab people's attention.  Unlike other phishing schemes that emulate mailings from various private financial institutions (e.g., Bank of America) and are therefore easily recognized as phony by many recipients (because they do no business with those companies), a forged IRS notice has the potential to take in a much larger pool of victims, as most adult U.S. residents have dealings with that agency.  Many people find the federal income tax filing process complicated and confusing, so the idea that they might have unclaimed refunds or payments waiting for them to claim seems plausible. An August 2007 mass phish e-mailing (reprised in January 2012) took advantage of those points, spamming millions of Internet users with phony notices that advised recipients they were eligible to receive tax refunds (of amounts such as $109.30 or $268.32) and invited them to click on a link that took them to a form  through which they could claim those refunds.  Of course, the link included in the messages didn't actually send users to the genuine IRS web site; it redirected claimants to an imposter site that instructed them to enter sensitive personal information (e.g., Social Security number and debit card number) in order to "deposit" their refunds.   Similarly, January 2009 versions redirected claimants to an imposter site with a form for them to fill out in order to claim stimulus payments, and an October 2010 version used the lure of claiming that the recipients' Electronic Federal Tax Payments (EFTPS) had been rejected due to invalid information and sent them to a phony imitation of the real EFTPS site to enter new information. The IRS never offers refunds through e-mail or sends out unsolicited e-mails to taxpayers.   When the IRS needs to contact a taxpayer, it sends notice via U.S. Mail, and every such notice includes a telephone number that the recipient can call for confirmation.  Should you need to visit the IRS web site for any reason, go there directly (by entering the www.irs.gov URL into your web browser) rather than following links in e-mail messages. The IRS says about such e-mails that: IRS The IRS does not initiate taxpayer communications through e-mail. In addition, the IRS does not request detailed personal information through e-mail or ask taxpayers for the PIN numbers, passwords or similar secret access information for their credit card, bank or other financial accounts.  Do not open any attachments to questionable e-mails, which may contain malicious code that will infect your computer. Please be advised that the IRS does not initiate contact with taxpayers via e-mails. The EFTPS web site also states that: EFTPS EFTPS values your privacy and security and will never attempt to contact you via e-mail. If you ever receive an e-mail that claims to be from EFTPS or from a sender you do not recognize that mentions a payment made through EFTPS, forward the e-mail to phishing@irs.gov or call the Treasury Inspector General for Tax Administration at 1.800.366.4484. Last updated:  9 January 2012
Claim:  Barack Obama filed a lawsuit to require banks to "make loans to poor people." false Example:  [Collected via e-mail, September 2008] In 1994, a class-action lawsuit was filed against CitiBank, demanding that loans be made to poor people, and others who could not show proof that they could pay the money back. The basis of the lawsuit was the 14th Amendment, which requires 'fair and equal' treatment for all citizens. The legal theory was that failing to loan money to poor/indigent/unemployed people was, on it's face, a discriminatory act by lending institutions. Thousands of loans were processed, and of course many went into default, in part explaining why we're in the financial mess we're in. Now, it's easy for some people to point the finger of blame at Pres. Geo. Bush for this crisis, because he's sitting in the hot seat. What many people don't know is the suit was filed during the Clinton Administration. The lawyer filing the suit was none other than: Barak Hussein Obama. Origins:  This item seeks to dump much of the blame for America's current economic woes on Barack Obama by claiming that as a young lawyer, Obama filed a lawsuit requiring financial institutions to lend money to"poor people" and "others who could not show proof that they could pay the money back."  Although there is a (very) vague element of fact underneath this politicking, the piece quoted above is woefully wrong in all its particulars. The 1994 case of Buycks-Roberson v. Citibank Fed. Sav. Bank had nothing to do with requiring lenders to do business with people "who could not show proof that they could pay the money  Buycks-Roberson v. Citibank Fed. Sav. Bank back."  The case was a class-action lawsuit against Citibank Federal Savings initiated by a black Chicago woman, Selma Buycks-Roberson, who claimed she was unfairly denied a mortgage based on her race.  The lawsuit sought to end the practice of redlining, a discriminatory practice by which banks, insurance companies, and other business institutions refuse or limit loans, mortgages, insurance, etc., based solely on the geographic area in which the applicant lives (a practice that commonly excludes minorities in inner-city neighborhoods, regardless of their income or ability to pay).  Specifically, the lawsuit charged that Citibank "rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories."  The case was eventually settled out of court, with some class members receiving cash payments and Citibank agreeing to help ease the way for low- and moderate-income people to apply for mortgages. redlining Although Barack Obama was involved with the Buycks-Roberson case, he did not file the lawsuit, nor was he the lead attorney in the matter.  He was a junior member of an eight-lawyer team that worked on the case: Obama admits he played a mostly behind-the-scenes role at his law firm, Miner Barnhill & Galland. He researched the law, drafted motions, prepared for depositions and did other less glamorous work during his three years full-time and eight years "of counsel" to the firm.  "He wrote lots of substantial memos, but he didn't try any cases," said Judson Miner, a partner in the firm who was Obama's boss. Obama represented Calvin Roberson in a 1994 lawsuit against Citibank, charging the bank systematically denied mortgages to African-American applicants and others from minority neighborhoods. "I don't recall him ever standing up and giving an impassioned speech  it was a lot of behind-the-scenes stuff," said Fay Clayton, the lead lawyer on the case. "He was the very junior lawyer in that case," said attorney Robert Kriss. "He had just graduated from law school. I don't recall him being in court at any time I was there. I was the lead lawyer for Citibank and he was not very visible to me." Kriss, Clayton and every other co-counsel and opposing counsel interviewed for this story praised Obama's legal ability, temperament and everything about his courtroom demeanor, even though, they agree, he didn't say much in the courtroom.  On Feb. 23, 1995, Obama billed 2 hours and 50 minutes for an appearance before Judge Ruben Castillo on behalf of his client, and also for reviewing some documents in advance of a deposition. That cost Citibank  which ultimately had to pay the winning side's fees  $467 at Obama's hourly rate of $165. Miner commanded the higher rate of $285 an hour. During his appearance before the judge, Obama said he would need more time to file a response to a motion, and the judge agreed. That was all Obama said during the half-hour hearing. His final bill on the case was 138 hours, or $23,000. Last updated:  5 September 2012    Associated Press.  "Some Cases Obama Worked on in His Career as an Attorney."   20 February 2007. Claim:  E-mail compares proposed changes in taxes after the 2008 presidential election. Status:  False. Example:  [Collected via e-mail, June 2008] This is something you should be aware of so you don't get blind-sided. This is really going to catch a lot of families off guard. It should make you worry. Proposed changes in taxes after 2008 General election: CAPITAL GAINS TAX MCCAIN: 0% on home sales up to $500,000 per home (couples). McCain does not propose any change in existing home sales income tax. OBAMA: 28% on profit from ALL home sales How does this affect you? If you sell your home and make a profit, you will pay 28% of your gain on taxes. If you are heading toward retirement and would like to down-size your home or move into a retirement community, 28% of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes as part of their retirement income. DIVIDEND TAX MCCAIN: 15% (no change) OBAMA: 39.6% How will this affect you? If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama become president. The experts predict that 'higher tax rates on dividends and capital gains would crash the stock market yet do absolutely nothing to cut the deficit. INCOME TAX MCCAIN (no changes) Single making 30K - tax $4,500Single making 50K - tax $12,500Single making 75K - tax $18,750 Married making 60K - tax $9,000Married making 75K - tax $18,750Married making 125K - tax $31,250 OBAMA: (reversion to pre-Bush tax cuts) Single making 30K - tax $8,400Single making 50K - tax $14,000Single making 75K - tax $23,250 Married making 60K - tax $16,800Married making 75K - tax $21,000Married making 125K - tax $38,750 Under Obama your taxes will more than double! How does this affect you? No explanation needed. This is pretty straight forward. INHERITANCE TAX MCCAIN: 0% (No change, Bush repealed this tax) OBAMA: Restore the inheritance tax How does this affect you? Many families have lost businesses, farms and ranches, and homes that have been in their families for generations because they could not afford the inheritance tax. Those willing their assets to loved ones will not only lose them to these taxes. NEW TAXES BEING PROPOSED BY OBAMA * New government taxes proposed on homes that are more than 2400 square feet * New gasoline taxes (as if gas weren't high enough already) * New taxes on natural resources consumption (heating gas, water, electricity) * New taxes on retirement accounts and last but not least.... * New taxes to pay for socialized medicine so we can receive the same level of medical care as other third-world countries!!! Origins:   Every  recent presidential election cycle has brought e-mailed forwards that paint the Democratic candidate as a proponent of a "tax and spend" philosophy (who will inevitably implement significant tax increases on taxpayers across all income levels) and present the Republican candidate as a model of fiscal conservatism, and the example quoted above fits this pattern.    However, this example is off the mark both in its broad strokes and in its particulars.  According to the Tax Policy Center's analysis of the candidates' proposed tax changes, the primary difference between them would be distributional, with Senator Obama's proposals favoring lower-income taxpayers and Senator McCain's favoring higher-income taxpayers: analysis McCain: The average taxpayer in every income group would see a lower tax bill, but high-income taxpayers would benefit more than everyone else.  Obama: High-income taxpayers would pay more in taxes, while everyone else's tax bill would be reduced. Those who benefit the most  in terms of reducing their taxes as a percentage of after-tax income  are in the lowest income groups. The statements made about the candidates' proposals for changes in specific taxes (or implementation of new taxes) are also all erroneous or grossly misleading. as we note below: CAPITAL GAINS TAX MCCAIN: 0% on home sales up to $500,000 per home (couples). McCain does not propose any change in existing home sales income tax. OBAMA: 28% on profit from ALL home sales The statement that Senator Obama proposes instituting a 28% tax "on profit from ALL home sales" is false.  Both candidates' proposals would leave intact an existing capital gains exemption for the first $500,000 per household of profit from the sale of a primary residence.  Homeowners who realize a profit higher than the current exemption amount from the sale of their primary residences might pay more capital gains tax under an Obama presidency than they would now, but those instances currently constitute a very small minority of all home sales.  (For the purposes of this article, the term "per household" refers to married couples who file taxes jointly.) The mention of Obama's imposing a 28% capital gains tax as president is also misleading.   Senator Obama has indicated he would likely raise the capital gains tax rate, but he has not specified by how much  the 28% figure is a previous (i.e., pre-Bush) capital gains tax rate which Obama stated he would certainly not exceed while noting that his capital gains tax rate would likely be "significantly lower": Q: How do you plan to change the tax code when it comes to capital gains? How high will that 15 percent rate go? A: Well, you know, I haven't given a firm number. Here's my belief, that we can't go back to some of the, you know, confiscatory rates that existed in the past that distorted sound economics. And I certainly would not go above what existed under Bill Clinton, which was the 28 percent. I would  and my guess would be it would be significantly lower than that. I think that we can have a capital gains rate that is higher than 15 percent. The  Tax Plan Fact Sheet posted on Obama's web site says that he will "create a new top capital gains rate of 20 percent."  Tax Plan DIVIDEND TAX MCCAIN: 15% (no change) OBAMA: 39.6% The notion that Senator Obama is proposing raising the tax rate on dividend income from its current 15% level to a 39.6% is unfounded.  Obama has proposed taxing dividends at the same rate as capital gains, and although he hasn't yet specified a figure for the latter, he has already stated (as noted above) that he "certainly would not go above" 28%.  Also, the proposed increase would only affect households with income of more than $250,000 per year (a figure that encompasses about 2% of U.S. households.)  INCOME TAX MCCAIN: (no changes) Single making 30K - tax $4,500Single making 50K - tax $12,500Single making 75K - tax $18,750 Married making 60K - tax $9,000Married making 75K - tax $18,750Married making 125K - tax $31,250 OBAMA: (reversion to pre-Bush tax cuts) Single making 30K - tax $8,400Single making 50K - tax $14,000Single making 75K - tax $23,250 Married making 60K - tax $16,800Married making 75K - tax $21,000Married making 125K - tax $38,750 Under Obama your taxes will more than double! This is an erroneous interpretation of federal income tax rates based on the premise that Senator McCain favors extending the temporary tax cuts instituted by the Bush administration in 2001 and 2003, while Senator Obama does not.  However, both senators said they would favor extending those tax cuts; the difference is that Senator Obama said he would not favor extending the tax cuts for households with incomes of $250,000 or more per year.  Since none of the tax tables listed above applies to that income level, their inclusion is irrelevant and misleading.  As noted at the head of this article, taxpayers in the brackets covered by these tables would likely see a greater reduction in taxes under Senator Obama's proposals than under Senator McCain's, an outcome reflected in the Tax Policy Center'sestimate of how the average tax bill could change in 2009 under each candidate's proposals: estimate         INHERITANCE TAX MCCAIN: 0% (No change, Bush repealed this tax) OBAMA: Restore the inheritance tax Pretty much everything asserted about the inheritance tax (also referred to as "death tax" or "estate tax")  in these few short statements  that President Bush repealed it, that Senator McCain would maintain it at 0%, and that Senator Obama would "restore" it  is wrong. In general, estate tax currently applies only to estates valued at more than $2 million and tops out at a 45% rate.  The exclusion amount is already set to rise to $3.5 million in 2009, followed by a repeal of the estate tax in 2010, and then a reinstatement of the estate tax in 2011 with the exclusion amount reverting back to $1 million and the tax rate topping out at 55%.  repeal Senator McCain has proposed raising the estate tax exclusion amount to $5 million and setting a maximum estate tax rate of 15%, while Senator Obama has proposed raising the estate tax exclusion amount to $3.5 million and maintaining the maximum estate tax rate at its current 45% level. NEW TAXES BEING PROPOSED BY OBAMA * New government taxes proposed on homes that are more than 2400 square feet * New gasoline taxes (as if gas weren't high enough already) * New taxes on natural resources consumption (heating gas, water, electricity) * New taxes on retirement accounts and last but not least.... * New taxes to pay for socialized medicine so we can receive the same level of medical care as other third-world countries!!! Three of these five statements are completely erroneous: Senator Obama has not proposed a tax on "homes that are more than 2,400 square feet," any "new gasoline taxes," or "new taxes on retirement accounts." The phrase "taxes on natural resources consumption" presumably refers to Senator Obama's "cap and trade" proposal for reducing carbon emissions, a proposal which would likely impose additional costs on polluters but isn't technically a "tax": cap and trade Obama supports implementation of a market-based cap-and-trade system to reduce carbon emissions by the amount scientists say is necessary: 80 percent below 1990 levels by 2050. Obama's cap-and-trade system will require all pollution credits to be auctioned. A 100 percent auction ensures that all polluters pay for every ton of emissions they release, rather than giving these emission rights away to coal and oil companies. Some of the revenue generated by auctioning allowances will be used to support the development of clean energy, to invest in energy efficiency improvements, and to address transition costs, including helping American workers affected by this economic transition. As for "new taxes to pay for socialized medicine," Senator Obama has proposed funding his health care plan through additional revenues generated by not extending the Bush administration's temporary tax cuts for persons making more than $250,000 per year.  Whether allowing a portion of already-scheduled expiration of temporary tax cuts to take place really constitutes "new taxes" is a matter of semantics. health care Last updated:  16 July 2008    Sources:   Sahadi, Jeanne.  "What They'll Do to Your Tax Bill."   CNNMoney.com.  11 June 2008.    Sahadi, Jeanne.  "What Obama Means by Tax the Wealthy."   CNNMoney.com.  28 June 2008.    Closing Bell.  "Maria Bartiromo Speaks with Senator Barack Obama."   CNBC.  27 March 2008. A purported quote from Jimmy Carter admonishing that "If you don't want your tax dollars to help the poor, then stop saying that you want a country based on Christian values. Because you don't!" sounds to many like something that former U.S. president would have said, as he has long exhibited a deep commitment to Christianity, has established himself as an international humanitarian (including founding the Carter Center, an organization dedicated to advancing human rights) and was the recipient of the 2002 Nobel Peace Prize for his work "to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development":  However, as much as this sentiment might sound like something Jimmy Carter could have or would have said, he didn't originate the wording used here. The quote in the version presented in the above graphic appears to have originated with comedian John Fugelsang, who at one time presented a segment on Current TV's Viewpoint program entitled "Viewpoint's Revoltingly Fake Christian of the Week." The segment for the week of 29 May 2013 targeted Tennessee congressman Stephen Fincher, of whom Fugelsang said: John Fugelsang Congressman Stephen Fincher, a Republican from Tennessee, just took the Bible so far out of context he had to apply for a visa.Fincher is a fierce opponent of food aid for poor Americans. You know, like Jesus. He recently fought to cut $4.1 billion from the Supplemental Nutrition Assistance Program. If you only watch Fox, that means 'food stamps.' And thanks to the fine work of Fincher and his colleagues, 2 million working American families, children and seniors have already been cut off from food assistance. So during a recent House agricultural committee debate, he decided to show how Christian it is to turn your back on unemployed suffering Americans by quoting one of the favorite Bible passages of revoltingly fake right-wing Christians  2 Thessalonians 3:10  "anyone unwilling to work should not eat." Fincher and the GOP ... cut services for the poor and taxes for the rich. And its a free country. They're allowed. But if you don't want your tax dollars to help the poor, then stop saying you want a country based on Christian values. Because you don't. And that's why representative Fincher is our 'revoltingly fake Christian of the week'! Claim:  Aspiring work-at-homers promised big bucks for acting as intermediaries for international transactions wherein they cash checks for other parties have been defrauded by con artists.  REAL FRAUD WHICH COSTS ITS VICTIMS THOUSANDS OF DOLLARS Example:  [Collected on the Internet, 2004] Good day, my name is Evaldas Vytautas. I'm Sales Manager of Lionder Web Design Agency. We are situated in Vilnius, Lithuania. Lionder Web Design Agency is pleased to offer you the position of Exchange Manager for our organization. We are excited about the potential that you bring to our company. We work with corporate clients and some of them prefer to do wire transfers, however we cannot receive international wire transfers because of heavy taxes. Tax for international wire transfer is 25% In Lithuania. There is no sense for us to work in such a way, however we don't want to lose our clients. You need to have Paypal/bank account. System is completely automated. You will work only 1-2 hours a day, receive, process payments from our clients through your Paypal/bank account. Report about all new payments, act only within the limits of law  earn minimum $1500-$2000 per month. Your salary will be 5-15% from every processed amount (you begin from 5%). To join the minimum requirements include : -MINIMUM QUALIFICATIONS (Skills, Knowledge, Ability, etc.)-The minimum qualifications are diploma or equivalent.-Must be able to multi-task and have good communication skills.-Knowledge of MS Word and other basic computer programs.-This being a new field there is NO experience needed. HOW TO APPLY: If you would like to pursue this opportunity simply send Your Resume (CV) to resume@lionder.net OR Download Job Application Form  (www.lionder.net/Job_Application_Form.doc), fill it in and send us to resume@lionder.net (No phone calls please. Callers will not be considered for the position). We will respond promptly. Please don't feel shy to contact our Online Support and ask any questions you will have: Contact Name: Julie JakulyteICQ- 257235542,AOL IM Screen Name- Jakulyte,Yahoo! ID: JJakulyte,MSN- Jakulyte@hotmail.com. No agencies, please. Lionder Web Design Agency is an equal opportunity/affirmative actionemployer. For more information about who we are and what we do, please visit our webiste  www.lionder.net It is necessary that we know your decision by November 20, 2004, so that we can plan accordingly. Regards, Evaldas VytautasLionder Web Design Agency Origins:  In   2004 we began noticing a new scam targeting those searching for part-time paid duties that could be performed from home. This new con uses the promise of high-paying work to lure eager job seekers into being defrauded themselves or used to steal from others. Those so led down the garden path are pulled in by advertisements for jobs involving the forwarding of monies or goods collected in the U.S. to business entities in other countries. Supposedly, the successful applicants will make thousands of dollars through working from home for a few hours a week, with no special skills or training required. Sometimes international wire transfers are specifically mentioned in these solicitations, and the terms "import/export specialist," "marketing manager," and "financial manager" often turn up in their wording. The reputations of the venues where the ads are found proves no protection to those looking for such opportunities, in that this work-at-home scam has been touted thousands of times on popular job web sites including Monster, Careerbuilder, Careers.com, and Yahoo! Hotjobs. This con operates in one of two of ways, both of which leaves hopeful job seekers in a mess of trouble:  In its more usual incarnation, successful job applicants are tasked with depositing checks for varying amounts (anywhere from a few thousand dollars all the way into the six-figure range) into their personal bank accounts and relaying to their new employers 95% of the amount banked, keeping 5% as their commission. The explanation given by the employers for that which necessitates their having someone cash checks on their behalf varies from come-on to come-on, but the need to believe in 'something for nothing' (in this case a high steady income in return for a few hours' work per week) blinds the about-to-be-defrauded to the glaring implausibilities inherent to these tall tales of strange government-imposed restrictions, exorbitant tax rates in the homeland, the need to fly under a competitor's radar, and the like. The checks the unsuspecting dupes are given to deposit are worthless, but this detail is not discovered by them or their banks until weeks after the fact, which is long after 95% of the face value of said financial instruments has been wired to the thieves. As is the case in the 'cashier check' scam (sellers are duped into accepting cashier checks in excess of the amounts they seek for their goods on the understanding they are to forward the additional monies to third parties), the scam works because the Federal Deposit Insurance Corp. (FDIC) requires banks to make money from cashier's, certified, or teller's checks available in one to five days. Consequently, funds from checks that might not be good are often released into payees' accounts long before the checks themselves have been honored by their issuing banks. High quality forgeries can be bounced back and forth between banks for weeks before anyone catches on to their being worthless. cashier check In this form of the scheme, those who'd thought they were about to pack up and move to Easy Street thanks to their new jobs as international relayers instead find themselves on the hook for the amounts they wired to others. That the original checks were worthless does not absolve those who deposited them from financial responsibility for the funds they subsequently instructed their banks to pay out  the two transactions (the deposit and the disbursement) are regarded as separate. Therefore, if a hypothetical erstwhile wire transfer facilitator handled a bogus check for $10,000, instead of netting $500 (his 5% fee), he would be out $9,500 (the amount he had his bank wire to those who'd conned him).  The mayhem doesn't necessarily end there. There is a further danger that, now armed with the dupe's banking information from the wire transfer, these same thieves can use those numbers to create a demand draft to  withdraw funds without confirmation from the hapless job seeker's bank account until there's nothing left in it but dust. demand draft  In another version of the con, those who land these coveted 'jobs' are tasked with collecting payments from their new employers' clients in the U.S. and wiring these funds back to the home office, retaining a specified portion of the recouped accounts as their fees. Only after the fact does it come to light that the deposited checks were for non-existent merchandise vended through online auction sites, usually about the time that the police come a'knocking on the door. This form of the wire transfer scam mirrors a type of the CNP fraud in which job-seeking dupes are hired to repackage and ship to Nigeria goods purchased on stolen credit cards. As with the wire transfer come-on, the promise of  easy, high-paying part-time work blinds those who unwittingly become part of an international theft ring thanks to their desire to believe in the job fairy. In both cases, they're the ones left holding the bag when the police turn up to ask questions about the monies or goods others have been duped out of. CNP daydream about earning livable incomes from the comfort of their dens rather than having to make the trek to their offices each day, they do not as a general rule of thumb search for such job openings with the same fervor as do the elderly, the physically afflicted, or the parents committed to remaining at home with their preschool children. Members of those groups hunt for work-at-home opportunities because laboring in more traditional job settings is impossible for them. Because genuine offers of work of this nature are few and far between, with the need to secure a steady income becoming more of a pressing issue with each passing non-employed day, those folks are at far greater risk of being victimized by such schemes  their desperation leads them to be gulled by pie-in-the-sky promises and mollified by the wild backstories that go with them whereas the financially better off are more likely to remain convinced something is very wrong with the offer of mucho bucks in exchange for only a few hours' labor performed from home each week by folks possessed of no special training or skills. Barbara "reshipboard romance" Mikkelson How To Avoid Falling Victim To Reshipper Scams: Avoid job listings that use these descriptions: "package forwarding," "reshipping," "money transfers," "wiring funds" and "foreign agent agreements." These and similar phrases should raise a red flag.   Do not be fooled by official-sounding corporate names. Some scam artists operate under names that sound like those of long-standing, reputable firms.   Never forward or transfer money from any of your personal accounts on behalf of your employer. Also, be suspicious if you are asked to "wire" money to an employer. If a legitimate job requires you to make money transfers, the money should be withdrawn from the employers business account, not yours.   Do not give out your personal financial information. A potential legitimate employer will not request your bank account, credit card or Paypal account number. Provide your banking information only if you are hired by a legitimate company and you choose to have your paycheck direct deposited.   Do not fax copies of your ID or Social Security number to someone you have never met. Credit checks and fake IDs can be obtained with this information. Give these documents to your employer only when you are physically at the place of employment.   If you have questions about the legitimacy of a job listing, contact your Better Business Bureau, your state or local consumer agency, or the Federal Trade Commission.   Stop believing in the chimera of "something for nothing."  Additional Information:      Work-at-Home Schemes   (Federal Trade Commission)       Work-at-Home Schemes   (Better Business Bureau)   Last updated:  11 July 2011 <!-- On 13 January 2016, the official web site for the Powerball lottery announced that three winning tickets had been sold (one in California, one in Tennessee, and one in Florida) for the $1.6 billion jackpot. Shortly thereafter, rumors started circulating about the identity of the winners. Powerball Several people took advantage of the hype surrounding the record breaking Powerball lottery and posted fake tickets to their social media accounts. Most of these posts followed the familiar "Like Farming" formula, in which people are promised monetary rewards in exchange for liking, sharing, or commenting on a Facebook message. Like Farming The above-displayed Facebook post, for instance, instructed people to share the photo for a chance to win $10,000. Rickstarr Ferragamo, however, did not win the lottery. The biggest giveaway in Ferragamo's post is that his "winning ticket" was purchased in New York, and not in one of the states which sold an actual winning ticket:   Ferragamo wasn't the only hoaxster to post a ticket from a non-winning state. Twitter user @BerenabasG, who promised to give $2000 to anyone who retweeted his image, and @Nerdout, who just wanted people to "hit him up" about his recent windfall of cash, posted fake "winning" fake from Texas and Ohio:     Some internet hoaxsters, however, did manage to produce fake tickets from one of the states that did sell a winning ticket. The most convincing example of thiscame from skateboarder and filmmaker Erik Bragg:OMG I WON $1.5 BILLION!!!!! I'm posting this in case anyone tries to jack me this is proof! Look it up, I bought in chino hills where I grew up! #powerball #powerball   While Bragg's photo has garnered 100,000 likes on Instagram, the above-displayed image also features a fake lottery ticket. The biggest giveaway here is the "ABCDE" displayed onthe left side of the ticket, which indicates that the ticket should feature four additional groups of lotto numbers. These numbers were removed, however, when the image was altered to display the winning lotto numbers of 4, 8, 19, 27, 34, and 10. As of 15 January 2015, $1.6 billion Powerball lottery winners who have been officially identified are John and Lisa Robinson of Mumford, Tennessee. Robinson In January 2021, a photograph supposedly showing Dr. Rachel Levine, the first openly transgender federal official to be confirmed by the U.S. Senate, and her family was circulated on social media accompanied by hateful and transphobic comments:   This is not a genuine photograph of Levine and her family.  The above-displayed image is a photoshopped creation that originated with an image of Samantha, Phillip, and Emma Chawner, a family in the United Kingdom who have become known for their struggles with weight loss. The Chawner family first shot to attention in 2007 after Emma performed on the X-Factor. Emma was rejected from that show, but the Chawners soon found themselves on another reality show called "Lorraine Kelly's Big Fat Challenge."  shot to attention While the above-displayed meme is frequently shared as if it shows Levine's family photo, it was also circulated during the holiday season with holly around the edges and the caption "secular greetings."  Here's a comparison of the "secular greetings" version of this image (left) and the genuine photograph of the Chawners (right): This email from the dawn of the millennium made its way to our inbox in 2003: This rather shocking photo was snapped in November 16th by a spectator at the collegiate power lifting championships at Pennsylvania State. The unfortunate competitor, who expressed a plea to remain anonymous, remembered to surgeons that he was "stuck" at the bottom of a personal best attempt in the squat lift when he "sort of pulled his stomach in and pushed extra hard, at the same time as trying to complete the lift." He remembers a loud popping, splattering noise then a fierce stabbing pain and then not being able to move from the squat position. He remained in this position for about half an hour, since trying to stand caused him overwhelming agonizing pain.  Paramedics arrived and applied anaesthesia on the spot and carried him to an ambulance. He was rushed to surgery, where surgeons described the trauma as an "explosive and aggravated prolapse of the bowel". Meanwhile it was revealed that the weight was removed from his shoulders at the time of the incident by two "spotters" on either side of the lifter. The third spotter who was standing behind the lifter was unfortunately sprayed with fecal matter at the time of the incident. This spotter promptly fainted when he realized the extent of the injury to the lifter, who was a personal friend. This compounded the task of first aid officers who were at a loss as to how to treat the injury to the lifter in any case, who remained in the squatting position moaning in pain much to the consternation of the helpless audience. The hapless lifter had successful surgery to relieve the prolapse, but remained immobilized with his feet elevated in stirrups for 2 weeks to ensure "internal compliance with the surgery and that the organs retracted successfully". To add insult to injury, the ex-lifter required rectal stitching to partially occlude the anal orifice and stitch the rectal passage (which had significantly expanded and torn during the prolapse) and also was put on a low fibre low residue diet to combat flatulence to avoid any possibility of a recurrence. CBS news spoke to his wife and asked if she thought he would resume his power lifting career. "Not if I have anything to say about it, would you like to risk something like that again?" We agreed!!  CBS news        This item is "false" in the sense that the accompanying text does not correspond to the image:  The message reproduced above was not written or published by CBS news or any other news agency. (The poor writing, non-news format, and focus on "gross out" details mark it as a fabrication.)  The annual USAPL Pennsylvania State Powerlifting Championship contests are held early in the year (February or March), not in November. contests  No such injury as the one described occurred to any weightlifter at the Pennsylvania State Powerlifting Championships in the last several years.  The "weightlifter" in the photograph is posed squatting immediately in front of a doorway or wall, which would not be the case if had suffered an injury in the midst of a powerlifting match and then found himself "not able to move from the squat position."  (He'd be in the middle of an arena or gymnasium floor with plenty of room on all sides.) Although a prolapsed rectum or bowel is a real medical condition, the text cited here is an obvious attempt at a "gross out" piece involving all the familiar aspects of potty humor (e.g., rectums, sprayed fecal matter, farts).  How and why the image accompanying the text was produced (and by whom) is still unknown to us. prolapsed rectum Canadian Press.  "Is It a Cactus or a Rude Gesture?" In early 2021, readers asked Snopes to examine the accuracy of a widely-shared social media post that purported to describe U.S. President Joe Biden's intention to eliminate a piece of tax law that allows taxpayers to benefit from selling on a home that is left to them by their parents. The post  which was critical of Biden and the supposed plan  first emerged during the 2020 presidential election campaign, but regained prominence after Biden was inaugurated in January 2021. It typically read as follows: first emerged regained Did you know Biden wants to get rid of something called "stepped up basis"? How does this affect you! When your parents pass and leave you the family house, normally you would inherit that property at what it is worth today. If you were to sell that house you would only pay taxes on the gain from what it is worth today and what it sells for. If Biden does away with "stepped up basis," you will inherit the property for what your parents paid for the property. If you decide to sell you will pay taxes on the difference between the original purchase price and what it sells for today. Here is what this looks like! Current PolicyInherited House at Current Value - $200,000Sells for $205,000Taxable income = $5000Taxes Due - 20% of $5000 = $1000Profit to you = $204,000Biden PolicyInherited House at original purchase price - $40,000Sells for $205,000Taxable income = $165,000Taxes Due - 20% of $165,000 = $33,000Profit to you = $172,000If your parents were to have sold this property prior to passing, they would have paid no taxes because it was their primary residence.So much for helping the middle class get ahead.My educated guess would be that at least 95% of Americans dont even know Biden has proposed this. We are talking tens of thousands of more tax dollars for the average sold after inheritance! Wow, google Biden stepped up basis and educate yourself because this is a biggie! Please share!   The viral post accurately stated that Biden proposed getting rid of the "stepped-up" basis for capital gains tax, and correctly explained the potential practical consequences for an individual taxpayer who inherits a home. In fact, the tax hit for wealthier individuals would be even greater than the post stated, because Biden has also proposed doubling the rate of long-term capital gains tax for those with income over $1 million. We are issuing a rating of  Here's how the nonpartisan Congressional Budget Office describes the stepped-up basis for capital gains tax, which is the tax due on profits from the sale of an asset, such as shares, a piece of property, and so on: describes When people sell an asset for more than the price for which they obtained it, they realize a net capital gain. The net gain is typically calculated as the sale price minus the assets adjusted basisgenerally the original purchase price adjusted for improvements or depreciation. To calculate the gains on inherited assets, taxpayers generally use the assets fair-market value at the time of the owners death, often referred to as stepped-up basis, instead of the adjusted basis derived from the assets value when the decedent initially acquired it. When the heir sells the asset, capital gains taxes are assessed only on the change in the assets value relative to the stepped-up basis. As a result, any appreciation in value that occurred while the decedent owned the asset is not included in taxable income and therefore is not subject to the capital gains tax. In 2015, then-President Barack Obama also proposed eliminating the stepped-up basis. Here's his administration's explanation of how it works: explanation ...Suppose an individual leaves stock worth $50 million to an heir, who immediately sells it. When purchased, the stock was worth $10 million, so the capital gain is $40 million. However, the heirs basis in the stock is stepped up to the $50 million gain when he inherited it  so no income tax is due on the sale, or ever due on the $40 million of gain. Each year, hundreds of billions in capital gains avoid tax as a result of stepped-up basis.  During the 2020 presidential election, Biden and his campaign repeatedly expressed his intention to get rid of the stepped-up basis. As first highlighted by Politifact, the Biden campaign presented the proposal as a partial way to pay for its proposed student loan reforms. In October 2019, ABC News reported that: Politifact ABC News The plan makes official several policies the former vice president often discusses on the trail about student debt as well. Bidens policy includes his plan for reducing student loan debt obligations for students who go into the public service sector, allowing $10,000 of undergrad or graduate debt relief per year for up to five years of service. Biden would also double the maximum amount of Pell grants available to students, including Dreamers, and would allow students making less than $25,000 a year to defer payments on their federal loans without accruing interest. Any student making more than $25,000 would pay 5% of their discretionary income toward their loans rather than the current 10% owed. The plan would be paid for through the elimination of the stepped-up basis loophole, a type of break on inheritance taxes, and capping itemized deductions for wealthy Americans at 28%, according to the campaign. In June 2020, according to CNBC, Biden told would-be donors: "Im going to get rid of the bulk of Trumps $2 trillion tax cut, and a lot of you may not like that but Im going to close loopholes like capital gains and stepped-up basis. CNBC On the Biden-Harris campaign's website, a Spanish-language document outlining the campaign's plans for education reforms stated (translated): document The Biden plan for post-secondary education is a $750 billion investment over 10 years, aimed at developing a stronger and more inclusive middle class. It will be paid for by ensuring the super-rich pay their fair share. Specifically, this plan will be paid for by eliminating the gap in our tax law known as the "Stepped-up Basis Loophole" as well as reducing the itemized deductions that the richest Americans can make to 28 %. [Emphasis is added]. Elsewhere, the Biden campaign proposed not only getting rid of the stepped-up basis, but also doubling the tax rate for long-term capital gains  that is, profits from the sale of an asset that you owned for more than one year  for relatively wealthy taxpayers. Here's what the Biden-Harris campaign website stated, as part of the campaign's healthcare plan: long-term stated As President, Biden will make health care a right by getting rid of capital gains tax loopholes for the super wealthy. Today, the very wealthy pay a tax rate of just 20% on long-term capital gains... As President, Biden will roll back the Trump rate cut for the very wealthy and restore the 39.6% top rate he helped restore when he negotiated an end to the Bush tax cuts for the wealthy in 2012. Bidens capital gains reform will close the loopholes that allow the super wealthy to avoid taxes on capital gains altogether. Biden will assure those making over $1 million will pay the top rate on capital gains, doubling the capital gains tax rate on the super wealthy. The Facebook post shared widely in late 2020 and early 2021 accurately described Biden's stated intention to get rid of the stepped-up basis for capital gains tax, a move that would indeed increase the tax burden on a notional individual who inherits a piece of property from their parents, before selling it on. The tax hit for wealthier taxpayers would be even greater than the Facebook post outlined, since Biden has also proposed increasing the rate of long-term capital gains tax for those with an income above $1 million. The Facebook post did not mention that Biden had stipulated he would use the money raised from eliminating the stepped-up basis to help pay for his healthcare and education plans. We are issuing a rating of  Snopes contacted the White House to ask whether the Biden administration still intended to push for the elimination of the stepped-up basis, but we did not receive a response in time for publication. On Nov. 19, 2022, the Facebook page Video Pivot posted a video with the caption, "With a heavy heart at the tearful farewell to 'Dwarf' Amy Roloff, goodbye Amy Roloff." However, Roloff was not dead, nor was there any indication she had just experienced a stroke, as the narrator in the video claimed. This was nothing more than a death hoax. Roloff is one of the stars of the TLC reality TV series, "Little People, Big World," which has often been referred to by fans with the acronym, "LPBW." The Facebook page that posted the death hoax was managed from Indonesia. Its purpose may have been "like-farming," something that the U.S. Better Business Bureau (BBB) has warned about in the past. If the page is able to build up a large following without being removed by the platform, it's possible that it will be sold on the black market in the future. It may also be stripped of its past posts and start promoting scammy products. warned As for the misleading video about Roloff, the thumbnail was doctored to show her ex-husband, Matt, holding a picture of her next to men carrying a casket. As of Nov. 21, the video had been viewed more than 53,000 times.  Note: It's unclear what the photograph originally showed, as a reverse image search for the men carrying the casket didn't find any matches for the picture. Days earlier, a video was posted to YouTube that also falsely claimed Roloff had died. The video had the title, "10 minutes ago / We announce very sad news about 'dwarf' Amy Roloff, She has been confirmed as." We found no shortage of these YouTube videos, either. Other examples of misleading YouTube videos from past months that we found were titled as"Official News/ R.I.P/ Amy Roloff Passed Away Last Night At The Hospital After A Health Battle," "Sad News Amy Roloff Is Pass Away Expected Soon Family Prepare To Say Goodbye," and "Sad News Amy Roloff Is Pass Away Expected Soon Family Prepare To Say Goodbye."  One good way to check whether a celebrity has truly died is to check the person's verified presence on social media. While Roloff hasn't posted on her Facebook or Instagram pages since Nov. 18, we note again that the misleading YouTube videos we found were all published prior to that date. We found no credible reporting that said anything about Roloff recently experiencing a stroke or dying. We previously published another story that debunked a death hoax for the Roloff couple's son, Zach.We also reported about misleading online ads that claimed the cast of "Little People, Big World" had experienced a "sudden loss." story reported "Amy Roloff." Facebook, https://www.facebook.com/amyroloffofficalpage/. "---." Instagram, https://www.instagram.com/amyjroloff/. BBB Tip: Like-Farming Is a Facebook Scam Still Going Strong. 10 June 2020, https://www.bbb.org/article/news-releases/17149-like-farming-a-facebook-scam-still-going-strong. Grinberg, Emanuella. "Stars of 'Little People, Big World' File for Divorce."CNN.Com, 6 June 2015, https://www.cnn.com/2015/06/06/entertainment/matt-amy-roloff-little-people-big-world-split-feat/index.html. Liles, Jordan. "'Little People, Big World' Posts About a 'Loss' Are Misleading." Snopes, 5 Jan. 2022, https://www.snopes.com/fact-check/little-people-big-world-loss-death/. ---. "Zach Roloff Death Hoax: False Suicide Claims Came from Obscure Website." Snopes, 5 Jan. 2022, https://www.snopes.com/fact-check/zach-roloff-death-hoax/. Various social media posts circulating in late December 2021 claimed that thanks to coronavirus stimulus legislation known as the American Rescue Plan, U.S. President Joe Biden's administration and Democratic legislators would begin "spying" or "snooping" on users of cash apps like PayPal and Venmo. Here is an example of one such post: example   The truth is, unsurprisingly, more nuanced, but the bottom line is that, contrary to what the above Twitter posts state, the effect of the legislation in question isn't that the Biden administration or Democrats will be "tapping into" or "spying on" bank or cash app accounts. This is a misleading characterization. What the legislation does is significantly lower the threshold for reporting taxable transactions made using cash apps like Venmo, PayPal, or Zelle for goods and services to the IRS. And when you reach that threshold, the app companies will then be required to send a tax form called a 1099-K to both you and the IRS. A 1099-K is, according to PayPal, an "informational tax form that is used to report goods and services payments received by a business or individual in the calendar year." PayPal As of this writing, the current threshold for such reporting is $20,000 and 200 payments in goods and services. Come Jan. 1, 2022, that reporting threshold will drop down to $600. threshold This could have a significant impact on platform users' tax returns. Here's how Bloomberg Tax described how users might experience the change: Bloomberg Tax For example, a model train collector may have paid $5,000 for model train pieces over several years that they now sell for $8,000, and the marketplace that introduced the seller to the buyer and through which the sale took place may charge the seller a total fee of $800. It may cost the model train seller $200 in postage to send the pieces to its buyers. The Form 1099-K that the seller will receive from the TPSO will report $8,000 in gross proceeds paid. However, the sellers taxable gain from that sale would only be $2,000. As a result, collectors and other online sellers will need to keep extensive records of their expenses going forward to avoid over-reporting of income and overpayment of tax. Also, consider the alternativea teenager who walks dogs to earn extra money. If their income in 2022 exceeds $600, their expenses may be limited to the fees charged by the website that connects them to pet owners, but they will owe income taxand possibly self-employment taxon the income they earn. According to PayPal, which owns Venmo, the change doesn't affect people who use the apps for personal transactions, like paying a friend back for your share of dinner, gifts, or chipping in for trips. PayPal also states that its app allows users to categorize their own transactions as personal versus rendering payment for "goods and services." PayPal Business Users on Cash Apps Will Begin Receiving Tax Forms. Heres What You Need to Know. WJHL | Tri-Cities News & Weather, 14 Oct. 2021, https://www.wjhl.com/news/business-users-on-cash-apps-to-begin-receiving-tax-forms-what-you-need-to-know/. Pflieger, Deborah. "New Form 1099 Reporting Coming in 2022," Bloomberg Tax, 15 Dec. 2021, https://news.bloombergtax.com/tax-insights-and-commentary/new-form-1099-reporting-coming-in-2022. New U.S. Tax Reporting Requirements: Your Questions Answered. PayPal Newsroom, 4 Nov. 2021, https://newsroom.paypal-corp.com/2021-11-04-New-US-Tax-Reporting-Requirements-Your-Questions-Answered. "PayPal and Venmo Taxes: What You Need to Know About P2P Platforms." TurboTax, 27 Nov. 2021, https://turbotax.intuit.com/tax-tips/self-employment-taxes/paypal-and-venmo-taxes-what-you-need-to-know-about-p2p-platforms/L5DNjOUM1.