The IRS works hard every year to communicate new or prevalent illegal schemes perpetrated by scammers against millions of taxpayers. Most IRS communications about scams are posted on their website or shared in press releases. But last month, your Chamber got a chance to hear directly from an IRS representative about how businesses and individuals can protect themselves from falling victim to a tax scam. These scams are designed to steal money or financial information, or to charge for a free service or a service for which the victim does not qualify.
Annually, the IRS lists its “Dirty Dozen” Top Tax Scams to warn businesses and individual taxpayers about financial arrangements or offerings that tax authorities have found to be abusive. The IRS urges taxpayers to think twice before putting their money into transactions that could be aggressively promoted scams or paying for services before determining whether are legitimate or available free of charge.