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Another day, and another scam. It really does seem like scams are popping up more than ever, which means that we need to be more aware of the scams that are out there. Now, the IRS is issuing a warning to all Americas of a new scam.
The IRS is Warning All Americans of a New Scam
The Internal Revenue Service is warning all American taxpayers about a new scam that could have you getting a tax refund for which you don’t qualify. It involves the purchase of clean energy tax credits. According to the IRS, “unscrupulous tax return preparers” are telling taxpayers that they’ll quality for receiving clean energy tax credits, but they don’t really qualify. The scam is mainly for people who file Form 1040, which is used to find out how much you owe the IRS or if you’re entitled to a tax refund. The IRS says that “individual taxpayers claiming inappropriate credits risk future compliance action by the IRS and are responsible for repaying the inflated credit, plus interest and possible penalties.”
“This is another example where scammers are trying to use the complexity of the tax law to entice people into claiming credits they’re not entitled to,” IRS Commissioner Danny Werfel said in a statement. “Taxpayers should be wary of promoters pushing dubious credits like this and others. The IRS is watching out for this scam, and we urge people to use a…
