irs

Watch Out for “Free Money” Tax Scams

The IRS has released an alert stating that flyers and advertisements for “free money from the IRS” have been seen in communities around the country. These scams lure unsuspecting taxpayers into filing incomplete or false returns to access tax refunds or nonexistent Social Security funds. Not only do scammers demand a fee from their victims […]
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Tax Tips: Watch Out for Tax Preparer Fraud

Most tax professionals are honest and will file accurate returns on a client’s behalf. However, some dishonest tax preparers will defraud their clients by skimming a portion of their refund or charging inflated fees for their services. Some will attract clients by promising refunds that are too high to be true. Be careful when hiring […]
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Red Flags Could Get You Audited

This year taxpayers have until April 17 to file their 2011 tax returns because of Emancipation Day, a holiday observed in the District of Columbia that falls on April 16. The extra two days may help if you haven’t filed your taxes. Even if you have, it is important to take extra care in completing […]
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