March 11, 2014
The IRS says don't fall for these 12 schemes to steal your money.
Each year, the IRS releases its "Dirty Dozen" list of top tax scams. Here are the 12 scams you and your church should watch out for this tax season:
- Identity thefts
- Pervasive telephone scams
- False promises of "free money" from inflated refunds
- Return preparer fraud
- Hiding income offshore
- Impersonation of charitable organizations
- False income, expenses or exemptions
- Frivolous arguments
- Falsely claiming zero wages or using false Form 1099
- Abusive tax structures
- Misuse of trusts
Find details about each of the 12 scams at IRS.gov. The IRS also reminds taxpayers that tax scams can take many forms beyond the "Dirty Dozen," and you and your church should be on the lookout for many other schemes.
For expert help with all of your church's tax questions, check out the 2014 Church & Clergy Tax Guide.