The Internal Revenue Service has stepped up its efforts to combat dubious advice that has been proliferating on social media promoting tax schemes involving the Fuel Tax Credit, the Sick and Family ...
On 4/8/24, the IRS continued updating the Dirty Dozen list for 2024 including how social media tax advice can lead taxpayers to trouble as inaccurate or misleading tax information is circulating. IRS ...
(NEXSTAR) – The self-described tax experts of TikTok and other social media sites have cost American’s $162 million in penalties since 2022, the IRS said in a news release Monday. Advice on the most ...
The IRS warned on Tuesday that thousands of taxpayers could face criminal prosecution if they filed false tax returns for high refunds. In a press release, the IRS reiterated a warning not to fall for ...
The IRS crackdown on the crackpot tax tips that flooded TikTok and other social media platforms in recent years will include a brand new form for the misused fuel tax credit, a more stringent IRS ...
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