News Details
IRS Releases 2012 Dirty Dozen Tax Scams: The IRS released the 2012 dirty dozen list of tax scams, which includes identity theft, hiding income offshore, advertisements for free money from the IRS or Social Security refunds or rebates, false Form 1099 refund claims, disguised corporate ownership and misuse of trusts. Identity theft tops the list of scams, and in 2011 the IRS protected more than $1.4 billion of taxpayer funds from being released into the wrong hands due to identity theft. News Release IR-2012-23. For more detail follow the link.