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6 Slimiest Tax Scams to Avoid


Tax scams are on the rise, and your clients could be at risk as the tax deadline approaches and con artists smell blood in the water. As Internal Revenue Service commissioner John Koskinen says, “Criminals continue to look for increasingly sophisticated ways to breach the tax system.” Some schemes to defraud taxpayers of their cash — especially online ploys — have even surged by 400% this tax season alone. Advisers should warn clients about the following pitfalls, derived from the IRS’ annual ”Dirty Dozen” list of the most common tax scams for 2016.

Learn more at Investment News.


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