As tax season begins, the IRS warns taxpayers to be on high alert for common scams. Take a look at the annual "dirty dozen" list released by the IRS.
12. Misuse of trusts. Schemes recommending that you transfer money into trusts to reduce your income and avoid paying taxes are common, and the IRS has seen a growing number of people improperly stashing money in private annuity and foreign trusts.
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