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Charity Scams make the IRS “Dirty Dozen” list

Charity Scams make the IRS "Dirty Dozen" list - The Beacon

04-2008

By: Alanna

Charity Scams make the IRS “Dirty Dozen” list

The IRS recently posted their list of the “Dirty Dozen” (or the top 12 tax scams for 2008). Rounding out the list is Abuse of Charitable Organizations and Deductions:

    The IRS continues to observe the misuse of tax-exempt organizations. Misuse includes arrangements to improperly shield income or assets from taxation, attempts by donors to maintain control over donated assets or income from donated property and overvaluation of contributed property. In addition, IRS examiners are seeing an upturn in instances where taxpayers try to disguise private tuition payments as contributions to charitable or religious organizations.

Click here to read the complete list.

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Alanna

Alanna was the BBB's Foundation Director until 2008. She managed our charity reporting program and wrote our accredited business and consumer newsletters.