The Internal Revenue Service (IRS) has issued a warning about fraudulent claims for the Clean Energy Tax Credit (CETC). The CETC is a tax credit that is available to individuals and businesses who install certain energy-efficient improvements or renewable energy systems.
Common Fraudulent Schemes
The IRS has identified several common fraudulent schemes related to the CETC:
How to Avoid Fraud
To avoid fraud, the IRS recommends that taxpayers take the following steps:
If you suspect that you have been the victim of CETC fraud, you should report it to the IRS immediately. The IRS has established a dedicated hotline for reporting CETC fraud at 800-829-0433.
Conclusion
The CETC is a valuable tax credit that can help individuals and businesses save money on energy costs. However, taxpayers should be aware of the potential for fraud and take steps to protect themselves. By following the IRS’s recommendations, you can help prevent fraud and ensure that you receive the full benefit of the CETC.
Kind regards
G. Porter
