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Posts tagged "tax scams"

Dirty Dozen: Top Tax Scams Led By Phishing Schemes

As it does every year during filing season, the IRS released its annual list of the top 12 Dirty Dozen tax scams, updated for the 2017 filing season. Anyone following the news this year and last will not be surprised that the No. 1 scam was phishing, which has affected tax preparers, company payroll and human resources departments, and individual taxpayers. Second is phone scams, which involve fraudsters impersonating the IRS, calling and threatening people to get them to pay amounts they may not even owe, and often asking for untraceable forms of payment. Here is the IRS's list of this year's top dozen worst scams.

Taxpayers Beware Of Tax Relief Scams

Today consumers are bombarded with a wide variety of scams on almost a daily basis. Ubiquitous tax relief scams are no different especially considering that more people than ever before are dealing with mounting tax debt.

Top tax frauds identified by the IRS for 2013

The Internal Revenue Service (IRS) is, to paraphrase the famed bank robber, Wille Sutton, where the money is. In 2010, the IRS collected $2.4 trillion in gross taxes. This makes it an attractive target to scam artists. And because the IRS is good at collecting things, every year, they compile a list of the "dirty dozen" tax scams. This year, the top scam remains identify theft.

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