Shady tax scams circulating on social media could bring big penalties, delayed refunds
Bad tax information on social media, aggressive marketing tactics, and "ghost" tax preparers can create huge headaches with ...
IRS warns thousands of taxpayers could face criminal prosecution for filing false returns
The credit was not made available for 2023. "The IRS is seeing repeated instances where taxpayers are incorrectly using Form ...
MyChesCo on MSN6mon
IRS Warns Public About False “Self Employment Tax Credit” Claims
They cannot be claimed on 2023 tax returns. The IRS has noticed repeated misuse of Form 7202, used to claim these credits, by ...
IRS Warns Thousands of Taxpayers They Could Face Jail Time
Despite not being viable for 2023 tax returns, the IRS reported many taxpayers incorrectly using Form 7202 to claim the ...
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Covid-19 Tax Frauds As Revenue Streams For Street Gangs
Andrew Leahey is an attorney and professor that covers tax. A homicide investigation of ... Four gangs exploited a vulnerability in the 2021 version of Form 7202, designed to provide Covid-19 ...