Ray Clark, CPA, MBA | Clark & Clark PC | 203 East 800 South | Salt Lake City, UT 84111 | 801-521-4538 | staff@clarkaccountingcpa.com



Can I Ask You a Favor?


If you are a Client of mine, please call our Testimonial Hotline & give us your feedback  and what you like about our firm at:


800-609-9006 extension 2124

Here's an Example:


Thank you!

Ray Clark, CPA, MBA









IRS "Dirty Dozen" List of Tax Scams for the 2015 Filing Season + Health Care Law's Effect on You



WASHINGTON — The Internal Revenue Service today warned taxpayers to be on the lookout for unscrupulous tax return preparers pushing inflated tax refund claims. This scam remains on the annual list of tax scams known as the "Dirty Dozen" for the 2015 filing season.

"Every filing season, scam artists lure victims in by promising outlandish refunds," said IRS Commissioner John Koskinen. "Taxpayers should be wary of anyone who asks them to sign a blank return, promise a big refund before looking at their records, or charge fees based on a percentage of the refund."

Compiled annually, the "Dirty Dozen" lists a variety of common scams that taxpayers may encounter any time but many of these schemes peak during filing season as people prepare their returns or hire someone to help with their taxes.

Illegal scams can lead to significant penalties and interest and possible criminal prosecution. IRS Criminal Investigation works closely with the Department of Justice (DOJ) to shutdown scams and prosecute the criminals behind them.

#4) Don't Fall Victim to Promises of Outlandish or Inflated Refunds

Scam artists routinely pose as tax preparers during tax time, luring victims in by promising large federal tax refunds or refunds that people never dreamed they were due in the first place.

Scam artists use flyers, advertisements, phony store fronts and even word of mouth to throw out a wide net for victims. They may even spread the word through community groups or churches where trust is high. Scammers prey on people who do not have a filing requirement, such as low-income individuals or the elderly. They also prey on non-English speakers, who may or may not have a filing requirement.

Scammers build false hope by duping people into making claims for fictitious rebates, benefits or tax credits. They charge good money for very bad advice. Or worse, they file a false return in a person's name and that person never knows that a refund was paid.

Scam artists also victimize people with a filing requirement and due a refund by promising inflated refunds based on fictitious Social Security benefits and false claims for education credits, the Earned Income Tax Credit (EITC), or the American Opportunity Tax Credit, among others.

The IRS sometimes hears about scams from victims complaining about losing their federal benefits, such as Social Security benefits, certain veteran’s benefits or low-income housing benefits. The loss of benefits was the result of false claims being filed with the IRS that provided false income amounts.

While honest tax preparers provide their customers a copy of the tax return they’ve prepared, victims of scam frequently are not given a copy of what was filed. Victims also report that the fraudulent refund is deposited into the scammer’s bank account. The scammers deduct a large “fee” before paying victims, a practice not used by legitimate tax preparers.



1) Identity theft
2) Telephone scams
3) Phishing
4) 'Free money' from inflated refunds
5) Return preparer fraud
6) Hidden offshore income
7) Bogus charitable organizations
8) False income, expenses
9) Frivolous arguments
10) Falsely claiming zero wages
11) Abusive tax structures
12) Misuse of trusts

The IRS reminds all taxpayers that they are legally responsible for what’s on their returns even if it was prepared by someone else. Taxpayers who buy into such schemes can end up being penalized for filing false claims or receiving fraudulent refunds.

Taxpayers should take care when choosing an individual or firm to prepare their taxes. The IRS has a list of tips and other resources to help taxpayers select a qualified tax professional.



         The Health Care Law’s Effect on You

Nearly everyone is affected by the Affordable Care Act (Obamacare) and will need to do something new when filing their taxes this year.


The chart below will help you better understand how the health care law affects you and everyone on your return. This chart is also available on IRS.gov/aca.

To help navigate these changes, taxpayers and their tax professionals should consider filing returns electronically. 


Here at Clark & Clark we use tax preparation software because it is the best and simplest way to file a complete and accurate tax return as it guides individuals and tax preparers through the process and does all the math.



Are U.S. citizens or are non-U.S. citizens living in the United States

Must have qualifying health care coverage, qualify for a health coverage exemption, or make a payment when you file your tax return

Have health coverage through an employer or under a government program such as Medicare, Medicaid and coverage for veterans for the entire year

Just have to check a box on your Form 1040 series return and do not read any further

Do not have coverage for any month of the year

Should check the instructions to Form 8965 to see if you are eligible for an exemption

Are eligible for an exemption from coverage for a month

Are not responsible for making an Individual Shared Responsibility payment for that month, and must claim the exemption or report an exemption already obtained from the Marketplace by completing Form 8965, Health Coverage Exemptions, and submitting it with your tax return

Do not have coverage and are not eligible for an exemption from coverage for any month of the year

Are responsible for making an individual shared responsibility payment when you file your return

Are responsible for making an individual shared responsibility payment

Will report it on your tax return and make the payment with your taxes

Received the benefit of more advance payments of the premium tax credit than the amount of credit for which you qualify

Will repay the amount in excess of the credit you are allowed subject to a repayment cap

Need qualifying health care coverage for 2015

Can enroll in health insurance through the Health Insurance Marketplace (Marketplace) during the open enrollment period that runs through Feb. 15, 2015; once open enrollment ends, individuals can enroll only if they qualify under special enrollment provisions

Enroll in health insurance through the Marketplace for yourself or someone else on your tax return

Might be eligible for the premium tax credit

Did not enroll in health insurance from the Marketplace for yourself or anyone else on your tax return

Cannot claim the premium tax credit

Or another person on your tax return who is enrolled in coverage through the Marketplace is not eligible for health care coverage through your employer or under a government program

Might be eligible for the premium tax credit

Are eligible for the premium tax credit

Can choose to get premium assistance now to lower your monthly payments or get all the benefit of the credit when you claim it on your tax return

Choose to get premium assistance now

Will have payments sent on your behalf to your insurance provider. These payments are called advance payments of the premium tax credit

Get the benefit of advance payments of the premium tax credit and experience a significant life change, such as a change in income or marital status

Report these changes in circumstances to the Marketplace when they happen

Get the benefit of advance payments of the premium tax credit

Will report the payments on your tax return and reconcile the amount of the payments with the amount of credit for which you are eligible


If you have comments or questions on the information in these articles, as usual feel free to call our offices at 801-521-4538.


Ray Clark, CPA, MBA


Ray Clark, CPA, MBA | Clark & Clark PC | 203 East 800 South | Salt Lake City, UT 84111 | 801-521-4538 | staff@clarkaccountingcpa.com



 Connect With Me on Linkedin







CONFIDENTIALITY NOTICE: The information contained in this electronic mail message is legally privileged and confidential information intended only for the use of the individual or entity named above. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copy of this electronic message is strictly prohibited. If you have received this electronic mail message in error, please immediately notify this office, return the original message to us at the above email address, and delete the message from your computer. Thank you.


IRS CIRCULAR 230 DISCLOSURE: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.