Beware tax scams and social media misconceptions
In recent years, social media has become a source of tax misinformation. Where tax schemes proliferate, misuse of tax credits or deductions occurs, costing taxpayers more than $162 million since 2022, according to the Internal Revenue Service.
Before the internet was as prevalent, Don Moberg of Big Mountain Accounting in Post Falls said word of mouth was the primary source of incorrect tax-filing approaches.
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