Did social media get you in trouble with the IRS?
The IRS is alerting taxpayers that there are a growing number of fraudulent tax schemes originating from social media.
The IRS is warning that these scams have led to thousands of taxpayers filing inaccurate or frivolous returns, often resulting in the denial of refunds and steep penalties. The IRS is spotting these schemes, which falsely claim that all taxpayers are eligible for credits that they do not actually qualify for (such as those meant for self-employed individuals or businesses). This fake “advice” promises easy and fast refunds with minimal documentation, tells you to ignore IRS notices or respond with false information, etc.
Fraudsters/misleading influencers are using social media platforms to push credits that most taxpayers are not legally entitled to, such as credits only meant for self-employed individuals or businesses, the fuel tax credit, and the sick and family leave credit.
These posts claim like “everyone qualifies,” promise fast refunds with minimal paperwork, or encourage filing amended returns—even when the taxpayer never qualified in the first place.
What happens to you?
- Your refunds may be denied or delayed.
- You may be subject to a $5,000 penalty for filing a frivolous return.
- You may be subject to additional examination or enforcement action from the IRS and your State.
If you are concerned that you may have fallen for one of these social media scams when filing your tax return, the IRS advises you to amend your return as soon as possible.
At Choice Tax Solutions, we can assist you in amending your return, making sure you take all of the deductions you are LEGALLY entitled to, and minimize the damage. Let us help you before the IRS comes after you!
But you have to take the first step, which is to call or email the office. We can handle your case without you even having to leave your home or office. Work with a trusted, local tax professional.
We assist taxpayers in NYC, coast to coast, and across the globe.
📞 Call us today at 347-598-0111
💻 Visit our website www.choice-tax.com
📩 Schedule a confidential consultation to review your situation.
Choice Tax Solutions Inc. — Expertise. Strategy. Results.
No need to even leave your home or office. Virtual appointments available.
We help clients in New York City and nationwide (and all over the globe).
Manhattan | Brooklyn | Queens | Bronx | Long island – Nassau County | Long island – Suffolk County | New Jersey | Coast to Coast
About the Author
Abby Eisenkraft, EA, ATA, ATP, CRPC is the Founder and Senior Tax Advisor of Choice Tax Solutions Inc. in New York City. She specializes in helping non-filers and international taxpayers resolve complex tax issues. Abby is one of the nation’s leading tax professionals, with experience handling IRS and state tax matters across the U.
Abby Eisenkraft, EA, ATA, ATP, CRPC
140 Broadway, 46th fl
New York, NY 10005
Tel. 347-598-0111
Email: info@choice-tax.com
Website: www.choice-tax.com