Tax Debt Solutions Blog

Tax Relief: BEWARE of "The Dirty Dozen”

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Here is a list of the top 12 cheaters (aka "The Dirty Dozen"):

• Phishing scams
• Scams relating to the economic stimulus
• Frivolous arguments (people who use unusual constitutional based or ‘off the given path’ ways to take credits or lower their income)
• Fuel Tax Credit Scams (fuel purchase tax credit given mostly to farmers and others who use fuel off of highways for farming equipment etc...)
• Hiding Income By Keeping It Off Shore...(you know, like the Swiss Bank Account thing)
• Abuse of Roth Individual Retirement Plans (trying to hide valuable assets by transferring them at below market price to other places)
• Zero Wages (claiming zero income when an employer provides a W-2 for you)
• False Claims for Refunds or ‘Income Abatement’ (trying to get all income considered null and void due to false claims)
• Tax Preparer Fraud (using forms and unethical and illegal credits to take more fee or gain more refund for the tax payer)
• Disguised Corporate Ownership (setting up a corporation that is illegitimate and sometimes used for money laundering for ‘ill gotten gain’)
• Misuse of Trust Accounts
• Abuse of Charitable Organizations and Deductions.