IRS Releases List of Top 12 Tax Scams for 2012

Serving Los Angeles, Riverside, Ventura, San Bernardino Counties & Nearby Areas of California

With tax season upon us, the Internal Revenue Service (IRS) is making sure that U.S. citizens are aware of the most common scams that target finances through taxes. The list, known as the “Dirty Dozen,” describes the top 12 tax scams that people may encounter this year and how they take advantage of victims in Southern California and around the country. The top scams, from greatest to least, are:

  1. Identity theft for bogus refunds
  2. Phishing via fake emails from the IRS
  3. Return preparer fraud by filing incorrect tax information
  4. Hiding income offshore to prevent it from being taxed
  5. Promises of “free money” to gain access to Social Security information
  6. False/inflated income and expenses reported for a greater tax return
  7. False Form 1099 refund claims
  8. Frivolous arguments concerning falsified or unfiled tax returns
  9. Falsely claiming zero wages to avoid taxes
  10. Charitable organizations and deductions abuse by lying about value of donations
  11. Disguised corporate ownership to confuse IRS collection
  12. Misuse of trusts to hide assets and avoid taxes

While any of these scams could occur at any time during the year, tax season sees an increase in the occurrence of many of them. Additionally, identity theft traps are prevalent year-round, but have added benefits for thieves around tax season to steal tax return payments from the government. If you or a loved one is suffering from the effects of identity theft, Howard D. Silver, the Southern California identity theft lawyer, can help. For more information, call (855) 341-2611.

Posted Date: 
Wednesday, February 18, 2015