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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4. Illegal offshore bank accounts. The IRS has been cracking down on taxpayers illegally hiding income abroad. Launched in 2009, the agency's voluntary disclosure program has already raked in $5.5 billion from tax cheats for illegally hiding assets in offshore accounts.


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