Archive for August 2023

IRS 2023 Dirty Dozen – Scam #8:  Spearphishing and Cybersecurity for Tax Professionals and Businesses (Part A) The Internal Revenue Service warned tax professionals and businesses that they remain a top target for identity thieves and face threats from common scams on this year’s Dirty Dozen list. As part of the annual Dirty Dozen tax scams effort,…

IRS 2023 Dirty Dozen – Scam #7:  Social Media:  Fraudulent Forms Filing and Bad Advice (Part C) The IRS is aware of various filing season hashtags and social media topics leading to inaccurate and potentially fraudulent information. The central theme involves people trying to use legitimate tax forms for the wrong reason. How taxpayers can…

IRS 2023 Dirty Dozen – Scam #7:  Social Media:  Fraudulent Forms Filing and Bad Advice (Part B) The IRS is aware of various filing season hashtags and social media topics leading to inaccurate and potentially fraudulent information. The central theme involves people trying to use legitimate tax forms for the wrong reason. Here are just…

IRS 2023 Dirty Dozen – Scam #7:  Social Media:  Fraudulent Forms Filing and Bad Advice (Part A) Social media can circulate inaccurate or misleading tax information, and the IRS has recently seen several examples. These can involve common tax documents like Form W-2 or more obscure ones, like Form 8944 that’s aimed at a very…

IRS 2023 Dirty Dozen – Scam #6:  Unscrupulous Tax Return Preparers  (Part B) People should be careful of shady tax professionals and watch for common warning signs, including charging a fee based on the size of the refund. Some “ghost” tax preparers refuse to sign the tax return or ask people to sign a blank…