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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>12 tax scams</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue, Mar 1 2005, 8:00 pm EST<span class="gen"> </span> Post subject: 12 tax scams that could cost you</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"><span style="font-weight: bold">12 tax scams that could cost you <br /> <br />As April 15 nears, watch out for con artists who try to convince you they can cut or eliminate income taxes entirely. </span> <br /> <br />Taxpayers are always looking for ways to cut tax bills. Unfortunately, scam operators are always looking for filers who are eager to find tax breaks. <br /> <br />Con artists work year-round, but as April 15 nears, tax-specific scams hit high gear. The Internal Revenue Service warns that people could fall prey to unscrupulous preparers, identity thieves or less-than-helpful credit counselors. Then there are the perennial rip-offs, such as dubious offshore transactions and abusive trust schemes. And some folks can't even trust their bosses, with work-related scams still popular. <br /> <br />It's bad enough that scam victims, believing promises of lower tax bills, end up losing cash. But even worse, they subsequently find themselves in deeper debt to the IRS. The reason: Even if you are duped, federal law requires you pay your rightful taxes plus any penalty charges and back interest that accrued because of your use of questionable tax-relief techniques. <br /> <br />Most of the schemes are patently false. Others take real tax breaks, or portions of legal write-offs, and illegally apply them. <br /> <br />Here are 12 common and potentially costly ways you could lose money to more than just the IRS if you're not careful. <br /> <br />(<a href="http://moneycentral.msn.com/content/Taxes/Preparationtips/P109856.asp" target="_blank" class="postlink">more...</a>)</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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