IRS, Security Summit Partners Urge People to Watch Out for Bad Tax Advice on Social Media
The Internal Revenue Service and the Security Summit partners issued a consumer alert about the growing threat of bad tax advice on social media that continues to dupe people into filing inaccurate tax returns.
The IRS and the Security Summit partners are spotlighting the wildly inaccurate tax claims that continue building across social media. These scams take many different forms and make outlandish promises to inflate refunds.
“The growth of bad tax advice on social media continues to grow, luring unsuspecting taxpayers into filing bad tax returns,” said IRS Commissioner Danny Werfel. “We urge people to do some research before falling for these scams. Finding a trusted tax professional or visiting IRS.gov is a better way to research a tax issue than relying on someone talking in their car or their kitchen about a non-existent tax hack.”
For years, members of the Security Summit – representing state tax agencies, tax professionals, tax software companies, and the financial industry – have worked to raise awareness about tax-related identity theft and related tax scams. To counter this growing threat of tax scams, many of the Summit members have joined together to launch a related group, the Coalition […]