CAPITAL IDEAS: Did I Just Get Scammed? The article discusses the growing threat of tax-related scams targeting everyday investors, highlighting the sophisticated methods scammers use to exploit vulnerable taxpayers. It emphasizes that the real danger extends beyond financial loss, as scams can compromise personal information, lead to identity theft, or result in legal complications. The piece outlines the IRS’s annual “Dirty Dozen” list of tax scams, which serves as a critical resource for taxpayers to remain vigilant during tax season. The 2026 edition of the “Dirty Dozen” includes both traditional and emerging threats. Conventional scams such as fake IRS messages, phishing attempts, and fraudulent tax preparers remain prevalent. However, new risks have emerged, including abusive claims related to IRS Form 2439, which involves undistributed long-term capital gains. These scams often rely on AI technology, spoofed caller IDs, and replicated websites to mimic legitimate IRS communications, making them harder to detect. The article details specific tactics scammers employ, such as impersonating IRS officials through email or text, using AI to mimic voices in phone calls, and creating fake charitable organizations to collect donations. Social media platforms are also exploited, with misleading “tax hacks” encouraging individuals to claim deductions or credits they are not eligible for. These viral posts can lead to audits, penalties, or even criminal charges. Identity theft is another major concern, as scammers may infiltrate IRS Online Accounts or pose as legitimate preparers to steal personal data. The article warns about “ghost preparers” who file returns without signing them or including a Preparer Tax Identification Number (PTIN), leaving taxpayers legally responsible for errors.#irs #dirty_dozen #tax_scams #ai_technology #phishing_attempts
