Spear Phishing, Micro-Captives & Extra from IRS's 2022 'Soiled Dozen' Tax Scams

The Inner Income Service launched its annual “soiled dozen” scams for 2022 this month.

IRS Commissioner Charles Rettig warned taxpayers about closely promoted abusive offers they should keep away from and cautioned them to be looking out for a number of widespread scams that focus on common taxpayers in an effort to steal delicate monetary data or cash and in some circumstances depart them in a authorized bind.

Rettig emphasised his company’s intense concentrate on the perennial risk posed by spear phishing. And he urged high-net-worth people to keep away from being misled into utilizing bogus tax-avoidance methods, which may result in heavy penalties.

The IRS has stepped up its combat in opposition to abusive schemes in recent times. As a part of this wider effort, the IRS Workplace of Chief Counsel introduced earlier this 12 months that it will rent as much as 200 extra attorneys to assist the company fight abusive syndicated conservation easements and micro-captive transactions in addition to different abusive schemes.

See the gallery for the company’ 2022 “Soiled Dozen” tax scams to keep away from.

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