IRS Releases List of "Dirty Dozen" Tax Scams

The IRS today (IR-2007-37) released its annual list of the "Dirty Dozen" Tax Scams of the year.  There are five new scams to watch out for in preparing 2006 tax returns, including the #1 scam:  fraudulent refunds claims in connection with the special Telephone Excise Tax Refund available to most taxpayers this filing season.  Also new to the Dirty Dozen this year are abuses pertaining to Roth IRAs, the American Indian Employment Credit, domestic shell corporations and structured entities.  Here is the entire list:

1. Telephone Excise Tax Refund Abuses
2. Abusive Roth IRAs
3. Phishing
4. Disguised Corporate Ownership
5. Zero Wages
6. Return Preparer Fraud
7. American Indian Employment Credit
8. Trust Misuse
9. Structured Entity Credits
10. Abuse of Charitable Organizations and Deductions
11. Form 843 Tax Abatement
12. Frivolous Arguments