2023 Tax Scams being taught in the industry – News Update!

1 min read

1. Adding Fuel Credit (There are no regular cars or trucks available for this credit)

2. Adding the IRC credit (Do they have proof of income from the previous year? Why didn’t they amend?)

3. Adding Household Employee Income (This income can not be over $2200 and filed this way)

4. Adding the 7202 off of the Sch H for employing Household Employees (Do they have proof of w2s they have given to their employees? Proof they paid them while they were not working because of covid?)

There are never any “super credits” especially generating the type of refunds I’ve been seeing this year. When there is a new credit WE ALL KNOW. Some of these uses have been around for years. If you have bad feelings about something….ASK QUESTIONS, CALL A TAX LAWYER, ASK OTHER PREPARERS.

Even if you were taught by someone else, you will be fully responsible for what you file on someone’s return. Lack of knowledge is NOT an excuse in the eyes of the IRS.

$15,000 for Single filers with no dependents

$30,000 for HOH

Also always remember

•  IT IS ILLEGAL TO NOT GIVE THE TAXPAYER A FULL COPY OF THE RETURN BEFORE IT IS SUBMITTED

•  IT IS ILLEGAL TO NOT HAVE THE TAXPAYER SIGN THE RETURN BEFORE IT IS SUBMITTED

Updated on January 17, 2025
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