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September 09.2025
3 Minutes Read

Beware of Social Media Tax Advice: IRS Warns of Costly Errors Ahead

IRS stone facade signifies social media tax advice risks.

Social Media Seemingly Offers Easy Tax Answers, but Is It Risky?

The Internal Revenue Service (IRS) has issued a stark warning to taxpayers regarding the potential dangers of seeking tax advice through social media platforms. As more and more individuals turn to these outlets for information, the risks of falling prey to fraudulent schemes have increased significantly. James Clifford, the IRS director of Return Integrity and Compliance Services, shared that since 2022, the agency has encountered a steep rise in questionable refund claims, particularly related to the fuel tax credit and sick leave credit. With over 32,000 penalties amounting to $162 million already imposed, the fallout from bad advice is becoming increasingly tangible.

Understanding the IRS's Dirty Dozen

In 2020, the IRS first flagged social media as an individual entry on its annual "Dirty Dozen" list—a collection of twelve notorious tax scams. This designation signifies the agency's commitment to inform the public about the risks associated with chasing advice from unverified sources online. The inclusion of social media advice isn’t an isolated concern; the IRS has warned against the platform’s pitfalls as part of broader scams since at least 2011, especially during the pandemic when misleading financial information surged.

Warning Signs of Scams

Taxpayers need to be vigilant in identifying common traits of social media scams. The IRS outlines several warning signs:

  • Too Good to Be True Claims: Posts asserting that everyone qualifies for specific tax credits can appear very attractive but usual reflect misleading information.
  • Promises of Quick Refunds: Scams often advertise “easy” refunds with minimal necessary documentation.
  • Amended Returns Without Justification: Instructing individuals to file amended returns even if they didn’t originally qualify is a major red flag.
  • Encouragement to Ignore Official Communications: Anyone pushing you to disregard IRS letters or advising to misreport information should be approached with extreme caution.

The Problem with TikTok

One platform singled out for its particularly problematic tax advice is TikTok. Erin Collins, the National Taxpayer Advocate, mentioned in a speech at AICPA & CIMA ENGAGE 2024, that federal employees are prohibited from accessing TikTok, which raises concerns about regulating misleading information on that site. She questioned the practicality of countering harmful misinformation from a platform that federal agencies can't utilize.

Broader Implications for Taxpayers

As the IRS continues to battle these misleading schemes, taxpayers must recognize the real-life implications of following unqualified advice. Not only are individuals risking their refunds, but they may also face heavy penalties for filing frivolous returns. Understanding the risks associated with social media advice can safeguard personal finances and tax compliance, ensuring that taxpayers remain informed and cautious.

Practical Tips to Stay Informed

To navigate the complexities of tax filing in an ever-evolving digital landscape, taxpayers are encouraged to:

  • Consult Certified Public Accountants (CPAs) or reputable tax professionals for personalized advice.
  • Visit official IRS channels and websites for accurate updates about tax credits and filing techniques.
  • Foster a critical eye toward financial information shared on social media, identifying the source and validity of posts before acting on them.

Take Charge of Your Tax Returns Today

As complexities increase, so does the responsibility of taxpayers to stay informed. It’s critical to rely on verified sources for tax preparation, ensuring compliance and minimizing the risk of audits or penalties. If you're looking to strengthen your financial literacy and insights, don't hesitate—book your brand voice interview now!

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12.03.2025

Fordham Law's Top Social Media Highlights of 2025 You Must See

Update Celebrating Achievements in Social Media 2025 was a remarkable year for the Fordham Law community, highlighted not only by its academic and professional achievements but also by its vibrant social media presence. The top social media posts of the year captivated audiences and showcased the spirit of connection among students, alumni, and the broader community. From honoring historical milestones to celebrating contemporary successes, these posts reflected the diverse experiences that make Fordham Law unique. A Year of Triumph and Togetherness The Fordham Law School’s social media coverage in 2025 featured a mix of nostalgic moments and lofty achievements that resonated with its followers. The announcement of Fordham Law's ranking as No. 11 in the National Law Journal's "Go-To Law Schools: Big Law" report highlighted its growing reputation within the legal field. Such accolades not only inspire current students but also promise a legacy that enhances the school's prestige, aptly captured in the community's vibrant online interactions. Significance of Alumni Achievements Among the standout posts was the celebration of Fordham Law alum Howie Roseman ’00, who guided the Philadelphia Eagles to their second Super Bowl victory. This achievement didn't just mark a professional milestone; it served as a point of pride for the entire Fordham Law community. Social media platforms were abuzz with activity as students, alumni, and faculty celebrated this win, thus reinforcing connections through shared pride in their school's accomplishments. Honoring Tradition and Remembrance Social media also served as a conduit for remembrance, as seen in the tributes to Fordham Law alumni who were lost in the tragic events of 9/11. The posts honoring their memories introduced poignant reflections on the school's history, reminding followers of the profound impacts former students left behind. These solemn moments, juxtaposed with celebrations, demonstrated how community ties endure despite life's challenges. The Value of Engaging Content The diverse nature of Fordham Law's social media posts not only showcased celebrations and achievements but also facilitated engagement and interaction among its audience. Posts honoring the new student orientation and first-day fun events not only fostered a sense of belonging but also provided insights into life at Fordham Law. By sharing moments like these, the law school connects prospective students and creates a welcoming atmosphere for all. A Future Trendsetter As we look towards the future, Fordham Law’s social media presence will likely play an essential role in shaping its community engagement. Being active on platforms like LinkedIn, Instagram, and others reflects an adaptive approach that resonates with technology-savvy students. The messages conveyed—ranging from fun moments to significant accomplishments—position Fordham Law as not just an academic institution but a vibrant community. Book Your Brand Voice Interview Now! As the digital landscape continues to evolve, so too does the importance of effective communication in educational institutions. The captivating stories and accomplishments shared on social media not only reflect the spirit of the Fordham Law community but also serve as a model for how schools can engage and inspire their audiences. Use the insights from Fordham Law's success to enhance your brand's communication strategies.

12.02.2025

Online Sales and Safety: Protect Yourself in Social Media Transactions

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Will the EU Ban Social Media for Teens? Explore the Stakes and Implications

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