Taxpayers urged to talk to a trusted tax professional, not rely on marketers or social media for tax advice

Taxpayers urged to talk to a trusted tax professional, not rely on marketers or social media for tax advice

Byshanna

WASHINGTON — The Internal Revenue Service issued a consumer alert today following bad advice circulating on social media about a non-existent “Self Employment Tax Credit” that’s misleading taxpayers into filing false claims. Promoters and social media are marketing something they describe as the “Self Employment Tax Credit” as a way for self-employed people and gig…

Extension filers: Important reminders when preparing to file

Extension filers: Important reminders when preparing to file

Byshanna

Individual taxpayers who requested an extension of time to file their federal taxes have until Oct. 15, 2024, to complete and file their federal tax return. Those who already have the forms and information they need should file now – there’s no advantage to waiting until the deadline. There are a few things extension filers…