2026 Tax Scams to Watch Out For.

Tax season is underway and unfortunately, so are tax scams. Each year, fraudsters become more sophisticated, using timely messages, new technology, and fear-based tactics to trick people into sharing personal or financial information.

Below are some of the most common and concerning tax scams to watch for in 2026, along with tips to help protect yourself.

1. Fake IRS Phone Calls Demanding Immediate Payment

One of the most common tax scams involves callers pretending to be IRS agents. These scammers may claim you owe back taxes and threaten arrest, legal action, or wage garnishment unless you pay immediately.

They often:

• Spoof phone numbers to look legitimate
• Demand payment via gift cards, wire transfers, or prepaid cards
• Use urgent or intimidating language

What to know:  The Internal Revenue Service does not initiate contact by phone demanding payment and will never request payment through gift cards or wire transfers. Hang up and contact the IRS directly using official contact information if you have concerns.

2. Phishing Emails and Scam Text Messages

Scammers frequently send emails or texts that appear to come from the IRS or a tax service.

These messages may claim:

• You’re eligible for a refund
• Your account is locked or under review
• Immediate action is required

What to know: Links often lead to fake websites designed to steal personal or banking information. The IRS does not send unsolicited emails or texts asking for personal information. Do not click suspicious links. When in doubt, go directly to IRS.gov or contact your tax professional.

3. Fake Tax Preparers and “Guaranteed Refund” Claims

Be cautious of individuals or services promising unusually large refunds or claiming access to “secret” deductions.

Red flags include:

• Guaranteed refund amounts
• Fees based on refund size
• Refusal to sign your tax return

What to know: Use a reputable, credentialed tax professional and verify qualifications before sharing information.

4. Scams Tied to New or Changing Tax Laws

Scammers often exploit confusion around tax law changes by claiming you qualify for new credits or deductions, then asking for personal information to “process” them. Verify tax law changes through official IRS resources or a trusted tax advisor.

What to Do: If You Suspect a Tax Scam

• Do not send money or gift cards
• Report the incident to the Federal Trade Commission
• Contact Five Points Bank immediately if your information may be compromised

We are here to help. Staying informed is one of the best ways to protect yourself during tax season. If you ever have questions about suspicious activity or need help safeguarding your accounts, please reach out to  contact your local Five Points Bank branch or call our Customer Serivce Team at 800-576-4682.