The IRS released the full list of the top 12 tax scams threatening taxpayers and tax professionals in 2017, including:
- Phone scams;
- Excessive business credits claimed;
- False charities;
- Abusive tax shelters; and
- Offshore tax avoidance.
"We continue to work hard to protect taxpayers from identity theft and other scams," said IRS Commissioner John Koskinen. "Taxpayers can and should stay alert to new schemes which seem to constantly evolve. We urge them to do all they can to avoid these pitfalls - whether old or new."
For full descriptions and tips for avoiding each type of scam, click here.