Every year the Internal Revenue Service highlights 12 of the worst of the worst to alert taxpayers and tax practitioners to the dangers they need to be aware of, both in the run-up to April 17 and afterward. These were published in Accounting Today and Sharrard, McGee & Co., PA is presenting them as a 3-part blog. Part 1 featured scams 1-4, and in Part 2 the scams involve fake money-back guarantees, fictitious income, inflated expenses and contributions, and invented business deductions.  https://www.sharrardmcgee.com/blog.php

If you have any questions regarding your business or individual tax planning, please call your tax advisor at Sharrard, McGee & Co., PA at 336 884-0410 in High Point or 336 272-9777 in Greensboro.