12 most common tax scams

POSTED: 10:50 AM PDT Mar 27, 2013    UPDATED: 12:00 AM PST Jan 21, 2015 

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.

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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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