Jul 062012
 
Taxpayer Advocate Service Report Highlights Growing Problem Of Taxpayer Identity Theft

In our last post, we discussed the release of the National Taxpayer Advocate’s 2013 Objectives Report To Congress and the material therein which addressed the issue of the IRS’ increasing use of automation when dealing with taxpayers.  The report also details the growing concern of taxpayer identity theft, something we have previously discussed on numerous occasions. According to the report, “[i]dentity theft wreaks havoc on our tax system in many ways.  Victims of identity theft not only must deal with the aftermath of an emotionally draining crime, but may also have to deal with the IRS for years to untangle More…

Jun 132012
 
IRS Warns Of New Scam Targeting DOD Employees

The IRS is warning taxpayers to be cautious of a new, email-based phishing scam that targets Department of Defense military members, retirees and civilian employees.  According to the IRS, the email appears to come from Defense Finance and Accounting Services (DFAS) and displays a .mil email address.  The email states that those receiving disability compensation from the Department of Veterans Affairs (VA) may be able to obtain additional funds from the IRS. Email recipients are then asked to send various VA and IRS documents containing their personal and financial information, such as copies of VA award letters or their income More…

Feb 172012
 
IRS Releases 2012 List Of The  “Dirty Dozen” Tax Scams

Once again, tax season is upon us and the IRS has issued the annual “dirty dozen” tax scams. Topping this year’s list is identity theft.  In response to growing identity theft concerns, the IRS has declared its intent to embark on a comprehensive strategy that is focused on preventing, detecting and resolving identity theft cases as soon as possible.  In addition to the law-enforcement crackdown, the IRS has stepped up its internal reviews to spot false tax returns before tax refunds are issued and has been working to help victims of the identity theft refund schemes. The entire list is More…

Apr 082011
 
Don't Become a Victim of the "Dirty Dozen"

Its Tax Season! This time of year the IRS wants taxpayers to be aware the “Dirty Dozen” tax scams. These scams are illegal and can lead to problems for taxpayers including significant penalties, interest and possible criminal prosecution. Every year the IRS highlights the most prevalent of these scams, including: return preparer fraud, filing false or misleading reports, identity theft, and frivolous tax arguments. Here are some important guidelines you should keep in mind: 1. YOU are responsible for the content of your tax return and YOU are liable for the consequences that flow from the information that is reported. More…