Bad tax advice is not a new phenomenon. Years ago, I can remember hearing a small business owner explaining that making a single comment about his business before dessert allowed him to deduct a ...

Financial advisors can offer tax advice, but you should understand the scope of their expertise. While they can provide valuable insights on tax-efficient investment strategies, retirement planning ...

There is pervasive myth in the financial planning community that advisors can't legally give tax advice. According to Ben Henry-Moreland, a certified financial planner and senior financial planning ...

Social media tax advice can be misleading and lead to fraud. That’s the crux of a new IRS tax warning about the dangers of following certain financial advice on social media. This latest warning is ...

On 4/8/24, the IRS continued updating the Dirty Dozen list for 2024 including how social media tax advice can lead taxpayers to trouble as inaccurate or misleading tax information is circulating. IRS ...

TikTok offers a font of information at the swipe of your finger, with creators claiming authority on topics from home improvement and hair care to parenting and medicine. Even taxes aren’t immune from ...

TikTok, and other apps like it, are filled with financial advice. Some of it is reliable, some... less so. There are videos about running a business, having a side hustle, generating passive income.

(TNS) — The Internal Revenue Service is cautioning taxpayers to be wary of tax advice found on social media, warning that many self-proclaimed “tax experts” are actually promoting scams that could ...

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our ...

Don't take tax advice from TikTok. That's the warning from the IRS as it steps up reviews on "other withholding" claims that have been the target of scammers and dubious social media advice. You can ...

The Internal Revenue Service (IRS) is warning taxpayers to be wary of potentially misleading tax advice circulating on social media platforms, with less than a week to go until the April 15 federal ...

THAN JUST SHOWERS. THE END OF TAX SEASON IS HERE, AND MANY ARE WANTING TO KNOW THE BEST TIPS TO HELP THEM ROUND OUT THEIR TAX SEASON. YEAH, WE REACHED OUT TO A LOCAL FINANCIAL EXPERT WHO’S HERE TO ...