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How Social Media Cost Taxpayers $162 Million in Penalties — IRS Blames ‘Influencers’ For Bad Tax Advice
Just as social media grew, with it grew people’s dependency on it for news, suggestions and advice. What started with cooking and DIY suggestions went on to news recommendations too. However, the ... Read More
Social media claims cost taxpayers $162M, IRS says. See the ‘tips’ to avoid
The self-described tax experts of TikTok and other social media sites have cost Americans $162 million in penalties since 2022, the IRS said in a news release Monday. Advice on the most important ... Read More
IRS scam alert: Beware tax advice on social media — it could cost you thousands
Don't be fooled into thinking you can claim tax credits you don't actually qualify for. Tax advice on social media is often wrong, the IRS warns. Read More
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