The IRS has released its annual list of “dirty dozen” tax scams. (IRS News Release 2012-23)
The list for 2012 contains few surprises. Nevertheless, taxpayers should remain vigilant. Here’s a quick rundown.
1. Identity theft: The IRS has embarked on a comprehensive strategy focused on preventing, detecting and resolving identity theft cases as soon as possible. In addition to the law-enforcement crackdown, the IRS has stepped up its internal reviews to spot false tax returns before tax refunds are issued.
2. Phishing: Phishing is a scam typically carried out with the help of unsolicited email or a fake website that poses as a legitimate site to lure in potential victims and prompt them to provide personal information. Report suspicious activity to firstname.lastname@example.org.
3. Return preparer fraud: Most tax return preparers provide honest service to their clients. But questionable preparers have been known to skim off their client...(register to read more)