Tax Experts Warn Against Misleading Information That Could Lead to IRS Audits and Penalties
IRVINE, CALIFORNIA / ACCESS Newswire / February 12, 2025 / Clear Start Tax urges self-employed individuals to be cautious about misleading claims regarding a non-existent IRS tax credit. With tax season in full swing, deceptive promotions-particularly on social media-are leading some taxpayers to incorrectly claim refunds they aren't eligible for, putting them at risk of audits, penalties, and repayment demands.
The Emergence of False 'Self-Employment Tax Credit' Claims
The IRS has identified a surge in deceptive promotions suggesting that self-employed individuals are eligible for a "Self-Employment Tax Credit." These claims are unfounded, as no such credit exists. Taxpayers who attempt to claim this fictitious credit may face:
Delayed refunds due to processing discrepancies.
IRS audits to verify the legitimacy of the claim.
Financial penalties for submitting inaccurate tax returns.
"It's crucial for taxpayers to be aware that not all information circulating about tax credits is accurate," said the Head of Client Solutions at Clear Start Tax. "Filing for non-existent credits can lead to significant complications with the IRS."
How to Avoid Falling for Misleading Tax Credit Claims
To protect themselves, self-employed taxpayers should:
? Verify eligibility before claiming any IRS credit by checking the official IRS website
? Be wary of tax preparers who promise large refunds without reviewing financial records
? Avoid social media tax scams that promote false tax credit opportunities
? Consult a trusted tax professional before submitting their return
IRS Compliance Matters: Staying Safe During Tax Season
The IRS is actively reviewing tax credit claims and has warned taxpayers to ensure they are filing accurate returns. Any errors could result in delayed refunds, audits, or repayment demands.
"Self-employed taxpayers should prioritize compliance over inflated refunds," said the Head of Client Solutions at Clear Start Tax. "If you're unsure whether you qualify for a tax credit, it's best to seek expert guidance to avoid future IRS complications."
Clear Start Tax: Helping Self-Employed Individuals Stay Tax Compliant
For self-employed individuals who owe back taxes, face IRS penalties, or need help correcting past filings, Clear Start Tax offers customized tax resolution services to:
? Resolve IRS debt and negotiate settlements
? Assist with IRS audits and penalty abatements
? Ensure compliance with tax laws to prevent future issues
About Clear Start Tax
Clear Start Tax is a full-service tax liability resolution firm that serves taxpayers throughout the United States. The company specializes in assisting individuals and businesses with a wide range of IRS and state tax issues, including back taxes, wage garnishment relief, IRS appeals, and offers in compromise. Clear Start Tax helps taxpayers apply for the IRS Fresh Start Program, providing expert guidance in tax resolution. Fully accredited and A+ rated by the Better Business Bureau, the firm's unique approach and commitment to long-term client success distinguish it as a leader in the tax resolution industry.
Contact Information
Clear Start Tax
Corporate Communications Department
seo@clearstarttax.com
949-800-4044
SOURCE: Clear Start Tax
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