Tax season is the most hectic season for everyone including businesses and common people. All those persons who haven’t done their homework regarding the tax payment throughout the year find the tax season to be very hectic as they need to gather the important documents, look for deductions, and find the best tax preparer in a very short amount of time. But IRS always tries to help people in filing seamless tax by providing various information and tips and the dirty dozen tax scam list is one of such helpful information provided by IRS. So, in this blog post, we will be looking at the dirty dozen tax scam list issued by IRS and understand its importance for taxpayers for the year 2019. What is the dirty dozen tax scam list? The dirty dozen tax scam list is issued by IRS every year to keep the taxpayers away from fraud. This list highlights a wide variety of schemes which can pull people towards scams and such schemes become very active during the tax season. If a person will be aware about the list of scams then he can avoid falling for the trap of scams and he can protect both is personal and financial information. For the whole year, IRS keep multiple schemes on its list of radar and put those schemes on its list which have the maximum chances of being highly active during the tax season. Most of these schemes are a part of identity theft, phishing, return preparer fraud, etc. You should keep checking the IRS website for getting detailed information about the most active scams which are likely to target people in the current year. A regular check on the IRS site will not only help you to know about scams but it will also keep you updated regarding the recent changes in the tax rules as tax laws like deductions changes every year. Having a good idea of the tax rules will help you to pass the tax season without any trouble and you will be able to make the most out of every year’s tax season. What’s in the bucket of IRS’ dirty dozen tax scam list for 2019? The IRS launched its every year awareness list in the form of dirty dozen tax scam for the year 2019 in the starting of March. This year, the list will contain at least 12 most prevalent tax scams and as a part of the campaign, IRS will publish about one scam each weekday. This year, the first topic in the dirty dozen tax scam contains the detail about internet phishing scams that lead to tax fraud and identity scams. Other than this, IRS has also warned people about unscrupulous tax preparers who target tax preparers on overstating deductions like charitable contributions, medical expenses, padding business expenses, claiming the earned income tax credit, child tax credit, and other tax benefits. The padding on deductions and credit is very much common between both self tax preparers and those who opt for an expert for filing taxes. Other than internet phishing scam, the padding on tax deduction has also been included in the list of dirty dozen tax scams. This tax scheme can be encountered by people during the whole year but they are highly active during the tax season. The IRS has clearly stated that even if someone suggests a taxpayer for padding schemes in order to get illegal benefits from the tax filing, the individual filling the taxes will always be on risk. This is because, by the time IRS contacts the tax payer regarding such scams, the promoter is long gone. How to avoid falling for such scams? If you want to avoid such scams then filing an accurate tax return is the best way to do it. Because using such schemes willingly or unwillingly can put you on criminal prosecution and you may have to face trials during that period.
IRS always suggests taxpayers to use tax preparation software in order to make sure that they are filing accurate tax returns. Since most of the features of such tax preparation are manual, the taxpayer is able to find 100% accurate tax return. Such tax preparation software also helps the taxpayer to minimize the workload and file taxes quickly. Other than this, the community-based volunteer is also a good option to file taxes without falling for any type of scams and other traps. These volunteers provide free face-to-face tax assistance to qualifying tax preparers. The volunteer of such communities helps the taxpayer to file taxes accurately by claiming only eligible deductions and benefits. You can visit the website for IRS for getting more detailed information about the dirty dozen tax scam and by getting valuable information from the website, you will be able to file your tax seamlessly, quickly and with 100% accuracy.
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