Consumer Watch

Feb 21, 2014 4:41 PM

IRS Releases The Dirty Dozen Tax Scams For 2014

The Internal Revenue Service issued its annual "Dirty Dozen" list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud.

The Dirty Dozen listing, compiled by the IRS each year, lists a variety of common scams taxpayers can encounter at any point during the year. But many of these schemes peak during filing season as people prepare their tax returns.

Identity theft leads the list - with scammers out to get your identity and your refund - followed by phone scams, phishing fake emails and promises of "free money."

With phone scams, the IRS says crooks call and pretend to be with the IRS and claim the victims owe money or are entitled to a huge refund in order to get their information.

Phishing fake emails are also something to look out for, where someone claiming to be with the agency will email victims trying to lure them into revealing valuable information like their names, socials security number and date of birth.

The IRS also warns of false promises of "free money" from inflated refunds. They say scammers give people false hopes of receiving a large sum of money they didn't expect in the first place. They may use strategies like flyers, ads and even storefronts.

For the whole list of the Dirty Dozen, click here.

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