The United States Internal Revenue Service (IRS) announced the 12 biggest tax scams for 2008. They are:

  1. Phishing
  2. Scams related to the economic stimulus package
  3. Frivolous arguments
  4. Fuel tax credit scams
  5. Hiding income offshore
  6. Abusive retirement plans
  7. Zero wages
  8. False claims for refund and requests for abatement
  9. Return preparer fraud
  10. Disguised corporate ownership
  11. Misuse of trusts
  12. Abuse of charitable organizations and deductions

Remember the IRS will not call you asking for personal information. And if it sounds too good to be true it probably is.

Mar. 19, 2008