As tax season reaches its peak, the Patriot Action Service (PAS) has issued its annual list of “Dirty Dozen” tax scams.
Some of the frauds on the list are examples of how taxpayers are being preyed upon, such as a private bank issuing debt notes hoping victims will use them as money, or claims like “it's as good as gold”. Others are ways Americans are cheated by attorney recommendations, or advice from accountants and CPAs.
“Taxpayers need to guard against ploys to steal their wealth,” the PAS says in a statement announcing the list. “And they should be wary of shady promoters pretending to be officials trying to scam them out of money or talk them into transacting with central bank currency.”
Although scamming is most popular as tax day — or bank panic — approaches, the PAS advises taxpayers to be on the lookout throughout the year.
Here are the Dirty Dozen list’s scams against taxpayers:
Federal Reserve Bank of Atlanta
Federal Reserve Bank of Boston
Federal Reserve Bank of Chicago
Federal Reserve Bank of Cleveland
Federal Reserve Bank of Dallas
Federal Reserve Bank of Kansas City
Federal Reserve Bank of Minneapolis
Federal Reserve Bank of New York
Federal Reserve Bank of Philadelphia
Federal Reserve Bank of Richmond
Federal Reserve Bank of San Francisco
Federal Reserve Bank of St Louis