phone: 978.774.3000    fax: 978.774.8170    185 Centre St., Danvers, MA 01923


IRS Dirty Dozen Tax Scams

The IRS recently published their list of their top 12 scams. They also stress the fact that even though tax season is over, that doesn’t mean the scams stop, they happen all year round. Below is the list of this year’s top 12:

1) Phishing – This is when a scammer sends you a fake email or a link for a fake website in order to steal your personal information.

2) Phone Scams – When a scammer calls you claiming to be an IRS agent claiming you owe them money.

3) Identity Theft – Various tactics to try to steal your identity. As an example the scammer will get your information then file a fake tax return before you do and collect the refunds.

4) Return Preparer Fraud – As an example a dishonest preparer will inflate your tax refund before your return is efiled and keep the difference between your actual refund and the inflated amount reported to the IRS.

5) Fake Charities – Always do your research before donating to a charity to make sure it is a real one.

6) Inflated Refund Claims – Taxpayers should watch out for any preparer that promises you inflated tax refunds.

7) Excessive Claims for Business Credits – Taxpayers should make sure to properly claim the fuel tax credit.

8) Falsely Padding Deductions on Returns – Taxpayers should not inflate deductions on their returns.

9) Falsifying Income to Claim Credits – An example of this is making up income that doesn’t exist in order to qualify for the Earned Income Tax Credit.

10) Frivolous Tax Arguments – When taxpayers create a frivolous reason as to why they feel they do not have to pay taxes.

11) Abusive Tax Shelters – Taxpayers who use abusive tax structures to avoid paying taxes.

12) Offshore Tax Avoidance – When a person tries to hide money and income offshore.

Please consult your tax advisor on all the above information.

Leave a Reply