IRS releases "Dirty Dozen" tax scams for 2017

1 month 4 weeks 14 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 12:04:00 PM CST 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
COLUMBIA - President Donald Trump's proposed spending plan for 2018 significantly reduces funding for a range of executive departments, from... More >>
2 hours ago April 24, 2017 Apr 24, 2017 Monday, April 24 2017 Monday, April 24, 2017 12:13:00 PM CDT in News
FULTON - Two men are on the run after assaulting a man in his home and stealing cash and other... More >>
2 hours ago April 24, 2017 Apr 24, 2017 Monday, April 24 2017 Monday, April 24, 2017 11:23:00 AM CDT in News
COLUMBIA - A new report shows that only about one in every 10 Americans eats enough fruits and vegetables. Just... More >>
3 hours ago April 24, 2017 Apr 24, 2017 Monday, April 24 2017 Monday, April 24, 2017 11:06:00 AM CDT in Weekly Wellness
COLUMBIA - Police are still looking for a suspect they said robbed a convenience store in west Columbia early Monday... More >>
4 hours ago April 24, 2017 Apr 24, 2017 Monday, April 24 2017 Monday, April 24, 2017 10:14:00 AM CDT in News
COLUMBIA - A controversial bill moving through the Missouri General Assembly could change the handling of workplace discrimination claims in... More >>
4 hours ago April 24, 2017 Apr 24, 2017 Monday, April 24 2017 Monday, April 24, 2017 10:06:15 AM CDT in News
ST. LOUIS (AP) — Authorities say a man has been killed and a woman wounded in a shooting at convenience... More >>
5 hours ago April 24, 2017 Apr 24, 2017 Monday, April 24 2017 Monday, April 24, 2017 9:04:00 AM CDT in News
ST. LOUIS (AP) — Police say a vehicle has struck and killed an 8-year-old boy in St. Louis. The... More >>
5 hours ago April 24, 2017 Apr 24, 2017 Monday, April 24 2017 Monday, April 24, 2017 8:55:00 AM CDT in News
KANSAS CITY, Mo. (AP) — Authorities say a 23-year-old man has been fatally shot in Kansas City. The Kansas... More >>
6 hours ago April 24, 2017 Apr 24, 2017 Monday, April 24 2017 Monday, April 24, 2017 7:53:00 AM CDT in News
BALLWIN, Mo. (AP) — Authorities are investigating the deaths of an 83-year-old man and an 80-year-old woman in St. Louis... More >>
6 hours ago April 24, 2017 Apr 24, 2017 Monday, April 24 2017 Monday, April 24, 2017 7:50:00 AM CDT in News
ST. LOUIS (AP) — Missouri is launching a new program for tax-free savings accounts to help families financially support people... More >>
6 hours ago April 24, 2017 Apr 24, 2017 Monday, April 24 2017 Monday, April 24, 2017 7:34:00 AM CDT in News
COLUMBIA - The Audubon Society of Missouri (ASM) combined nature and technology with a new interactive bird sighting app. ... More >>
19 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 7:02:00 PM CDT in News
JEFFERSON CITY - A routine inspection of the Missouri River bridge in Jefferson City will close down one lane Monday... More >>
21 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 5:13:00 PM CDT in News
JEFFERSON CITY (AP) — Efforts by some Missouri legislators to make such discrimination on the basis of sexual orientation against... More >>
21 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 4:56:00 PM CDT in News
COLUMBIA (AP) — The Missouri Department of Conservation is using new technology and smarter traps to improve its efforts to... More >>
22 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 4:00:56 PM CDT in News
FULTON - An ordinance proposed in Callaway County could complicate potential confined animal feeding operation (CAFO) construction. It could make... More >>
22 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 3:30:00 PM CDT in News
COLUMBIA (AP) — A dormitory association at the University of Missouri is pushing that a new residence hall on campus... More >>
22 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 3:17:40 PM CDT in News
MARTINSBURG (AP) — An eastern Missouri family's dog has been impounded for disease monitoring after authorities said it mauled and... More >>
23 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 3:02:58 PM CDT in News
FULTON – A search party assembled at Memorial Park at 10:30 a.m. to continue the search for 31-year-old Carl DeBrodie.... More >>
23 hours ago April 23, 2017 Apr 23, 2017 Sunday, April 23 2017 Sunday, April 23, 2017 2:53:00 PM CDT in News
Columbia, MO
Broken Clouds 75°
3pm 76°
4pm 77°
5pm 77°
6pm 75°

Select a station to view its upcoming schedule:

Coming Up Next

2:00p
The Dr. Oz Show
3:00p
Dr. Phil
4:00p
Jeopardy!
2:00p
Judge Alex
2:30p
Judge Alex
3:00p
The Robert Irvine Show

Tonight's Schedule

7:00p
The Voice
9:01p
Taken
7:00p
Supergirl
8:00p
Jane the Virgin
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld