The IRS is warning of a new tax scam promoted on social media. The scam encourages people to manually fill out false W-2 forms, claiming large income and withholding figures. They then file bogus tax returns claiming false refunds. One variation of the scam involves making false claims for sick and family medical leave for nonexistent household employees. The IRS is actively watching for W-2 scams, warning that perpetrators face wide-ranging penalties and possible criminal prosecution. Anyone who has taken part in these schemes should consult a trusted tax advisor and file an amended return, the IRS states. Learn more. © 2023
02
Apr