The U.S. IRS has issued a release on the final four items on its list of "Dirty Dozen" tax scams for 2022, highlighting schemes that typically target high-net-worth individuals who are looking for ways to avoid paying taxes. These include the following:
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Concealing Assets in Offshore Accounts and Improper Reporting of Digital Assets: The IRS remains focused on stopping tax avoidance by those who hide assets in offshore accounts and in accounts holding cryptocurrency or other digital as…