Money Monday: Tax scams to avoid

Here are 12 of the biggest tax scams the IRS is flagging this year:

  1. Phone scams
  2. Phishing
  3. Tax return preparer fraud
  4. Falsely inflating refunds
  5. Falsely inflating income
  6. Falsely padding deductions
  7. Improperly claiming business credits
  8. Making frivolous tax arguments
  9. Abusive tax shelters
  10. Fake charities
  11. Hiding money offshore
  12. Identity theft

Read up on these: “12 tax scams you’ll want to avoid.”

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