The IRS recently released its “Dirty Dozen” report – a list of the top twelve tax scams that taxpayers should avoid. Many of these scams are widespread and common in matters beyond tax, such as identity theft and information phishing. However, some are peculiar to the tax field and are very common during this time of year as everyone scrambles to file their taxes before the April 17, 2012 filing deadline.
Of prime importance — Beware of fraud by your tax return preparer. The IRS estimates that about 60% of tax filers will use a person or company to prepare their tax returns. Fraud can occur when the tax payer skims money off of your tax return, charges exorbitant fees, or lies on your return to get you a guaranteed, higher refund...
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