IRS releases "Dirty Dozen" tax scams for 2017

6 months 3 weeks 5 days ago Friday, February 24 2017 Feb 24, 2017 Friday, February 24, 2017 12:04:00 PM CST February 24, 2017 in News
By: Karla Valcourt, KOMU 8 Reporter
loading

COLUMBIA - Tax-filing season is in full swing and some want to take advantage of it. The Internal Revenue Service released a "Dirty Dozen" list of this year's 12 common tax scams.

"We continue to work hard to protect taxpayers from identity theft and other scams," said IRS Commissioner John Koskinen. "Taxpayers can and should stay alert to new schemes which seem to constantly evolve.

According to a press release from IRS, taxpayers need to guard against ploys to steal their personal information.

Aric Schreiner, a certified public accountant with Columbia CPA, said identity theft is becoming a more common way that scammers cash out. 

"It's important to remember that the IRS doesn't ever use email to contact people," Schreiner said. "There are scammers out there that basically reproduce the IRS logo and make it look like a letter being sent via email demanding all these taxes."

IRS "Dirty Dozen" List 2017

Phishing: Taxpayers need to be on guard against fake emails or websites looking to steal personal information. The IRS will never initiate contact with taxpayers via email about a bill or refund.

Phone Scams: Phone calls from criminals impersonating IRS agents remain an ongoing threat to taxpayers. The IRS has seen a surge of these phone scams in recent years as con artists threaten taxpayers with police arrest, deportation and license revocation, among other things. 

Identity Theft: Taxpayers need to watch out for identity theft and not give out personal information via phone or email.

Return Preparer Fraud: Filers should be on the lookout for unscrupulous return preparers. The vast majority of tax professionals provide honest high-quality service, but some take advantage.

Fake Charities: Some groups masquerade as charitable organizations to attract donations from unsuspecting contributors. 

Inflated Refund Claims: Taxpayers should be on the lookout for anyone promising inflated refunds. Warning signs are anyone who asks taxpayers to sign a blank return or promises a big refund before looking at their records or charges fees based on a percentage of the refund.

Excessive Claims for Business Credits: Filers should avoid improperly claiming the fuel tax credit, a tax benefit generally not available to most taxpayers. 

Falsely Padding Deductions on Returns: Taxpayers should avoid the temptation to falsely inflate deductions or expenses on their returns to pay less than what they owe or potentially receive larger refunds. 

Falsifying Income to Claim Credits: The IRS warns against inventing income to erroneously qualify for tax credits, such as the Earned Income Tax Credit. Sometimes people are talked into doing this by con artists. 

Abusive Tax Shelters: Taxpayers should not use abusive tax structures to avoid paying taxes. The IRS is committed to stopping complex tax avoidance schemes and the people who create and sell them. 

Frivolous Tax Arguments: People should not use frivolous tax arguments to avoid paying tax. Promoters of frivolous schemes encourage taxpayers to make unreasonable and outlandish claims even though they have been repeatedly thrown out of court. 

Offshore Tax Avoidance: The recent string of successful enforcement actions against offshore tax cheats and the financial organizations that help them shows that it’s a bad bet to hide money and income offshore, the IRS says.

IRS Criminal Investigation works closely with the Department of Justice to shut down scams and prosecute the criminals behind them. It says perpetrators of illegal schemes can face significant fines and possible criminal prosecution.

More News

Grid
List
FULTON – The Hair Hut is completely smoke damaged after a fire. Sue Jennings owns the salon, and she... More >>
1 hour ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 6:52:00 PM CDT September 21, 2017 in News
COLUMBIA - With the autumn season starting Friday, the Missouri Department of Conservation has begun its weekly online fall color... More >>
1 hour ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 6:38:00 PM CDT September 21, 2017 in News
COLUMBIA – An unknown man threw rocks through a funeral home’s vehicle and building windows on Wednesday around 4 a.m,... More >>
1 hour ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 6:11:00 PM CDT September 21, 2017 in News
COLUMBIA - MU is holding students at a better rate than previous years, according to recently released data. According... More >>
3 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 4:32:00 PM CDT September 21, 2017 in News
FULTON- Sen. Bernie Sanders (I-Vermont) says America needs to have a bigger debate on the country's current foreign policy. ... More >>
4 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 3:29:00 PM CDT September 21, 2017 in News
KANSAS CITY (AP) — A private Catholic school for girls in Kansas City says it has disciplined a group of... More >>
4 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 3:23:16 PM CDT September 21, 2017 in News
COLUMBIA - Residents, trail runners, walkers and bikers stood in the heat Thursday evening to learn detours they can take... More >>
4 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 3:16:00 PM CDT September 21, 2017 in News
COLUMBIA - Some mid-Missouri residents who know what it's like to live through a horrific natural disaster have some advice... More >>
5 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 2:37:00 PM CDT September 21, 2017 in News
SPRINGFIELD (AP) — A Missouri congressman has heightened security to his office after a shooting at a congressional baseball practice... More >>
6 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 2:01:00 PM CDT September 21, 2017 in News
MOBERLY- Moberly Fire Department firefighters dropped down 8 feet underground Thursday to rescue two mock victims. “It’s a little... More >>
7 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 12:45:00 PM CDT September 21, 2017 in News
ST. LOUIS (AP) — The Latest on demonstrations following the acquittal of a former St. Louis police officer (all times... More >>
8 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 11:49:00 AM CDT September 21, 2017 in News
COLUMBIA - President Trump publicized his support this week for the replacement of the Affordable Care Act with the Graham-Cassidy... More >>
9 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 10:54:00 AM CDT September 21, 2017 in News
PLATTE CITY (AP) — Jurors have convicted a Kansas City, Kansas, man of first-degree murder for being an accomplice in... More >>
9 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 10:45:00 AM CDT September 21, 2017 in News
ST. LOUIS (AP) — The Latest on demonstrations after the acquittal of a former St. Louis police officer (all times... More >>
9 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 10:24:00 AM CDT September 21, 2017 in News
ST. LOUIS — There have been more fatal police shootings in St. Louis in 2017 than for a decade —... More >>
10 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 9:35:00 AM CDT September 21, 2017 in News
COLUMBIA - Home Instead Senior Care in Columbia is set to host a day of education: Alzheimer's Learning Day. ... More >>
17 hours ago Thursday, September 21 2017 Sep 21, 2017 Thursday, September 21, 2017 2:53:00 AM CDT September 21, 2017 in News
COLUMBIA - Veterans living in the Patriot Place apartments will now have room to take their four-legged friends and their... More >>
1 day ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 7:22:00 PM CDT September 20, 2017 in News
KANSAS CITY (AP) — A man has been charged in the killing of an off-duty police officer at a restaurant... More >>
1 day ago Wednesday, September 20 2017 Sep 20, 2017 Wednesday, September 20, 2017 6:55:00 PM CDT September 20, 2017 in News
Columbia, MO
Broken Clouds 83°
8pm 85°
9pm 83°
10pm 81°
11pm 79°

Select a station to view its upcoming schedule:

Coming Up Next

7:00p
American Ninja Warrior
9:00p
Chicago Fire
10:00p
KOMU 8 News @ 10
8:00p
Whose Line Is It Anyway?
8:30p
Whose Line Is It Anyway?
9:00p
KOMU 8 News @ Nine on The CW

Tonight's Schedule

7:00p
American Ninja Warrior
9:00p
Chicago Fire
7:00p
Penn & Teller: Fool Us
8:00p
Whose Line Is It Anyway?
8:30p
Whose Line Is It Anyway?
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld