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 tax filing deadline.”It really just shows how many people are looking for that personal finance advice, how to save their paycheck, how to spend their paycheck, and especially during this time of year, how to file taxes,” said Nick Wolny, managing editor at CNET.Brad Messner, a member of the National Association of Tax Professionals and a professor at the University of Pittsburgh, acknowledged that social media can provide some helpful sources for tax topics. However, he cautioned that not all sources have the same credibility and expertise. “In a lot of cases, there’s a lot of intricacies and nuances. So there is no way in a 15-second or, even in some cases, a 30-second or three-minute clip …
TikTok for tax help? Use caution [Video]
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