Source: Michael Muskal, Los Angeles Times

Identity theft, hiding income offshore and inflating expenses are among the frauds that commonly pop out during tax preparation season, the Internal Revenue Service warns. The federal agency, which administers tax collection, has released its annual list of the so-called dirty dozen tax scams. Such scams often become more prevalent as the tax season comes to a head; this year’s tax deadline is April 17. The ranking is designed to protect taxpayers from the unscrupulous as well as ensure the government gets the funds it needs to operate.

Read Full Article: IRS lists ‘dirty dozen’ tax frauds