The IRS recently released a ‘Scam Alert’ for misleading claims about non-existent “Self Employment Tax Credit” ->
We’ve actually had at least a handful of customers reach out to us about this one, and we like this line from the IRS' press release:
Taxpayers urged to talk to a trusted tax professional, not rely on marketers or social media for tax advice
I don’t fully know why, but the last few years there’s been this rash of small business ‘tax advice’ on TikTok, Instagram, & similar platforms from people who clearly don’t know what they’re talking about -> We have to agree with the IRS' advice on this one :)