Friday consumer scams, we are at theby John Breyault National Consumers league. For folks unfamiliar with ncl, what is your organization . Ncl is a National Consumer advocacy organization. We have been around since 1899, which makes of the older Consumer Protection company in the u. S. We are a 501 c 3 nonprofit, and we are based in washington, d. C. You are here before tax day. Lets talk about the most common tax scams out there. Guest sure. Some of the top tax scams are number one, what we call the impersonation scam. This is where people who claim to be with the irs or some other kind of Government Agency will call and say that you owe taxes. And if you do not pay them right now, you are going to go to jail , it will get on your credit report, or you will be deported. Consumersnt to warn about using tax preparers who may not be licensed in their state or who may be out to do things i put false refund information on your returns so that the taxpayer gets a bigger fee. We want tother
Friday consumer scams, we are at theby John Breyault National Consumers league. For folks unfamiliar with ncl, what is your organization . Ncl is a National Consumer advocacy organization. We have been around since 1899, which makes of the older Consumer Protection company in the u. S. We are a 501 c 3 nonprofit, and we are based in washington, d. C. You are here before tax day. Lets talk about the most common tax scams out there. Guest sure. Some of the top tax scams are number one, what we call the impersonation scam. This is where people who claim to be with the irs or some other kind of Government Agency will call and say that you owe taxes. And if you do not pay them right now, you are going to go to jail , it will get on your credit report, or you will be deported. Consumersnt to warn about using tax preparers who may not be licensed in their state or who may be out to do things i put false refund information on your returns so that the taxpayer gets a bigger fee. We want tother
Friday consumer scams, we are at theby John Breyault National Consumers league. For folks unfamiliar with ncl, what is your organization . Ncl is a National Consumer advocacy organization. We have been around since 1899, which makes of the older Consumer Protection company in the u. S. We are a 501 c 3 nonprofit, and we are based in washington, d. C. You are here before tax day. Lets talk about the most common tax scams out there. Guest sure. Some of the top tax scams are number one, what we call the impersonation scam. This is where people who claim to be with the irs or some other kind of Government Agency will call and say that you owe taxes. And if you do not pay them right now, you are going to go to jail , it will get on your credit report, or you will be deported. Consumersnt to warn about using tax preparers who may not be licensed in their state or who may be out to do things i put false refund information on your returns so that the taxpayer gets a bigger fee. We want tother
Statement moments ago saying mr. Trump did reach out to governor pence and is very glad everyone on board is safe. Now as for a cause, its still too early to say. The faa is on scene. It is raining right now in new york and airport Officials Say visibility was poor at the time of the landing. Again the plane carrying gop Vice President ial candidate mike pence, also the indiana governor, skidded off the runway just before 5 00 our time. Fortunately no one was hurt but the airport remains closed at this hour. Well keep you posted throughout this hour. Raj. Never a dull moment in this campaign. Were going to keep monitoring the story. And our sister station has crews on the tarmac there at la guardia. Our other top story a wet soggy day turns into a sloppy rainy night. What you see is a whole lot of green and were expecting a lot of activity over the next 12 hours. Lets show you san jose right now. It is cloudy and it looks ominous outside. We have oo team of reporters covering the storm
So whats the first thing we do . We tax it. We call it earned income. While another category of income called unearned gets a preferential rate. This is a discussion we need to have. Second point, simplification. A few years back we had a Tax Reform Act here, a number of, it was controversial a number of us voted for it, it passed. Before doing that, i decided to run up the road and see someone who lives near where i do, his name is warren buffett. Warren buffett and i have different philosophical approaches on many things, but he was generous to welcome me to his office, we spept about an hour together, and i wanted to get his look at that tax bill and some other things. In an interesting exchange, he turned around to his credenza, pulled out a file, an old file, pulled out a single piece of paper, and said, jeff, do this. Lets do this. Put the tax code on a piece of paper. Simplification. Now, a tax coat in reality cannot always be cut. It has to be optimized. We have to run the gove