What's Happening?
Regina McCann Hess, a financial planner and founder of Forge Wealth Management in Malvern, Pennsylvania, has shared valuable advice on safeguarding tax refunds from scammers. With Tax Day approaching in less than two months, Hess emphasizes the importance
of taking proactive measures to protect oneself and one's refund money. In a preview of the latest episode of the 'In Your Corner' podcast, Hess discusses various strategies to ensure the security of tax refunds, especially for those who have not yet filed their taxes. Her insights are aimed at helping individuals navigate the complexities of tax season while avoiding potential scams.
Why It's Important?
The significance of Hess's advice lies in the increasing prevalence of tax-related scams, which can have severe financial consequences for individuals. As tax season approaches, scammers often target unsuspecting taxpayers, attempting to steal their refunds or personal information. By following Hess's recommendations, taxpayers can better protect themselves from these threats, ensuring their financial security. This guidance is particularly crucial for those who may be unfamiliar with the tactics used by scammers, as it empowers them to take control of their financial well-being. The broader impact of such advice is the potential reduction in the number of victims of tax fraud, contributing to a more secure financial environment.
