Unfortunately, tax season also comes with a rise in scams. Recent research from McAfee reveals that AI-powered phishing emails, deepfake phone calls, and fake tax prep websites are making tax scams more convincing — and costly — than ever.
More than half of Americans say fraud is more sophisticated than last year. Cybercriminals are even impersonating trusted tax services to steal personal and financial information, adding another layer of deception. In fact, 33% of people say they or someone they know has received a fraudulent email or text claiming to be from a tax preparation service like TurboTax or H&R Block, urging them to click a link and sign in. But while scams are evolving, who loses money — and how much — varies widely by age.
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