Every year, the IRS posts its version of the “Dirty Dozen”- the 12 most prevalent tax scams out there for the year.  And this year is no different.  Following/implementing any of these scams is a sure way to trouble with the IRS, including possible criminal or civil fraud charges.  Remember- tax evasion is a crime while tax avoidance is wise tax planning.  With all of the favorable new 2018 tax laws- especially for business owners, real estate investors, stock market traders and individuals, there is no reason to attempt something illegal rather than doing legal tax planning.

DirtyDozen