Every year, the IRS releases its so-called “Dirty Dozen”—a list of scams that target taxpayers. This year, perhaps as no surprise, the list emphasized schemes related to coronavirus tax relief, including Economic Impact Payments. As the pandemic drags on, taxpayers and tax professionals would do well to familiarize themselves with the IRS’s list of the latest scams.
This year’s list includes—drum roll please—the following:
Phishing scams often involve fake emails claiming to be IRS personnel. This year, many phishing scam emails are using keywords like “coronavirus,” “COVID-19,” and “Stimulus.” The IRS warns taxpayers that it will never initiate contact with taxpayers via email about a tax bill, refund, or Economic Impact Payment.
The IRS warns that fake charity scams tend to rise during times of need. The prevalence of charity scams…