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.
10. Pretending to earn zero income. Taxpayers who fall prey to schemes convincing them to file Form 4852 (a substitute W-2 form) or a corrected Form 1099 in order to falsely reduce their taxable income to zero could face a penalty of $5,000.
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