Client Alert: The IRS Annual "Dirty Dozen" List of Tax Scams for 2017

Thursday, March 16, 2017

By: Samantha L. Pahlow, CTFA

As we all scramble to get our taxes done this year, the scammers are busier than ever! Today, the IRS posted its annual list of the “Dirty Dozen” tax scams for 2017. The list highlights scams and fraudster activities for taxpayers to watch out for, as well as a few things not to do on your own tax return.  

This year’s list includes:

  1. Phishing
  2. Phone Scams
  3. Identify Theft
  4. Return Preparer Fraud
  5. Fake Charities
  6. Inflated Refund Claims
  7. Excessive Claims for Business Credits
  8. Falsely Padded Deductions
  9. Falsified Income to Claim Credits
  10. Abusive Tax Shelters
  11. Frivolous Tax Arguments
  12. Offshore Tax Avoidance

Read more about each scam and how to protect yourself using the link below:

The IRS has also released two videos on this topic:


INVESTMENT AND INSURANCE PRODUCTS ARE | NOT FDIC Insured | NOT bank guaranteed | MAY lose value

Riverview Trust Company investments are not insured or guaranteed by the Bank, the Federal Deposit Insurance Corporation or any other government agency. Non-deposit products are subject to investment risks, including possible loss of principal.

Past performance does not indicate future results. Asset allocation does not assure or guarantee better performance and cannot eliminate the risk of investment losses.

Brokerage products and services are offered through Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC and Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge is not affiliated with Riverview Bancorp, Inc., or any of its subsidiaries. Securities and Insurance Products provided by Cambridge are not FDIC insured and are not obligations of, deposits of, or guaranteed by any financial institution. Brokerage products and services involve investment risk, including the possible loss of principal invested, and are not insured by any federal government agency.

Riverview Trust Company does not provide tax or legal advice. The information presented here is not specific to any individual's personal circumstances.
To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.