IRS Dirty Dozen - Annual List of Scams and Schemes

Overview

For over 20 years the Internal Revenue Service has made a spring announcement of its Dirty Dozen list of scams and schemes. This course reviews the items on the 2024 Dirty Dozen list, explaining the nature of these schemes and their impact on taxpayers and tax professionals. You will see that the IRS is focused on fraud associated with certain highly promoted activities (CRATs, foreign treaties, captive insurance companies, and monetized installment sales), consumer-related fraud, and activities typically engaged in by high-net-worth individuals.


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Objectives

  • identify the main characteristics of each of the items on the list
  • identify the warning signs that should alert potential victims to these scams and schemes
  • identify measures the IRS is taking to reduce the impact of each item on the list and impose penalties on the perpetrators

Tax Years: 2023-2024

Designed For:

CPAs, EAs, and finance and tax professionals at any level of their career


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Course Information

Adding additional credit may change exam requirements.

Advanced Preparation: None