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In recent years, scams related to the IRS have not only become more prevalent, but more sophisticated, too.
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In recent years, scams related to the IRS have not only become more prevalent, but more sophisticated, too. Unfortunately, dental practices are not immune from such scams, and dentists are being forced to take more proactive measures to protect both their practices, and their personal finances. Many have turned to the professional services offered by dentist accounting, to help them stay safe. To help you avoid becoming the victim of a tax scam as a dental practitioner, here is some guidance: Top tax scams to watch out for in 2025
Phishing texts and emails The IRS are being impersonated by ruthless scammers who send texts and emails urging the recipient to click on links that are malicious, or provide them with sensitive information. Note that the IRS will never contact you in this way. • Phone scams
Being threatened with immediate payments or legal action over the phone by someone pretending to be an IRS agent, is sadly not uncommon. Note that payments are often demanded via non-conforming methods, such as wire transfers or gift cards. Note that the IRS never demand payments over the phone, or threaten taxpayers. • Ghost preparers These so-called ghost preparers are unqualified individuals who offer services related to tax preparation, but then refuse to sign the tax return, leaving any errors or fraud as entirely your liability.
If you’re using the services of a professional tax preparer, be sure to check their credentials and verify that they will sign it, to avoid being ghosted. • Identity theft Your personal information is stolen by a criminal who proceeds to file a tax return that’s fraudulent in your name, and claim the refunds. One way of avoiding this, is by filing early with the help of a verified tax professional. • Social media scams
Individuals are encouraged to share their personal data on social media platforms as a result of misinformation having been spread about refunds or tax credits. Make a point of always verifying any information you read about taxes, through a trusted source such as the IRS themselves, or a tax professional. What can you do as a dental practitioner to protect yourself from tax scams? Complacency is at the core of the problem; if you think you’re too smart, too savvy, or too insignificant to be targeted by tax scammers, think again. Here are a few ways to protect yourself and your dental practice, from any kind of scam:
Verify all contact made with you by the IRS, and note that they typically reach out via email. • Shred all personal and sensitive documents, monitor your accounts regularly, and always use passwords that are strong. • Report any suspicious activity to the official IRS email address immediately • Work with experienced and trustworthy dental accounting services in Fort Lauderdale
Protecting yourself from tax scams as a dentist is of course important, but it’s just as important to try and optimize your tax planning, too. With the help of a dental accountant, you can learn about, and take advantage of, deductions that are specific to your dental practice. You can also make plans for your retirement that will help minimize your tax burden in the long term, and choose a business structure that makes the most of your tax situation. Protecting your financial interests as a dentist is essential if you’re to enjoy a thriving practice and satisfied customers, and professional accounting and bookkeeping services can help you achieve exactly that, with ease.