Retirement Starts Today Radio

Americans Urged to Watch Out for Tax Scams During the Pandemic, Ep #227

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Sinopsis

Tax scams are as old as taxes themselves, so are you doing everything you can do to avoid them? In this episode of Retirement Starts Today, we’ll explore what the IRS labels, ‘the dirty dozen’ tax scams. You’ll learn who is targeted by the various scams and then you’ll discover what you should do to protect yourself from scammers. Make sure to stick around until the end of this episode to hear what you should avoid doing so that you don’t fall prey to tax scammers.  Outline of This Episode [1:24] The IRS has issued a warning to taxpayers [6:10] Protection for taxpayers [9:00] Dave wonders whether he should build his home with cash or use a mortgage Watch out for the ‘dirty dozen’ Every year the IRS publishes its list of the 'dirty dozen’ tax scams that citizens should be on the lookout for. This year’s list comes directly from the IRS website in an article called Americans Urged to Watch Out for Tax Scams During the Pandemic. The article breaks up the 12 types of schemes into 4 categories based on who carri