Identity Theft Tops Dirty Dozen
Identity theft topped the “Dirty Dozen”, which is a list published by the IRS of most frequent tax scams according to an article in Forbes http://www.forbes.com/sites/kellyphillipserb/2014/02/19/irs-reveals-dirty-dozen-scams-for-2014.html. In many cases, a tax scammer will use a taxpayer’s name, Social Security number, or other identifying information, and file a tax return and claim a refund. The refund will be sent to a different address from the taxpayer.
Elderly non-filing taxpayers are a prime target. We recommend all taxpayers file a tax return even if not required to. This way, if a fraudulent return is filed using their information, the fraudulent tax return will be rejected by the IRS.