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Misleading consumers? Deceptive claims? Get ready to pay millions in fines

The Federal Trade Commission is extremely busy targeting businesses that are misleading consumer or employ deceptive claims for money making opportunities.   Misleading consumer on social media, which it is extremely common even in the tax industry ensuring $50,000 of tax savings for clients on average, a million dollar tax refund, etc. might generate a

By |2024-07-31T05:37:09+00:00November 18th, 2024|Categories: Business, Individuals|Tags: , , , , , , , , , , , |

IRS releases more warnings about Clean Energy scams (IRA) and misleading claims on the Self employment tax credit

In July 2024, the IRS released several warnings on widespread scams and misleading claims on the Self Employment tax credit. The IRS is taking a proactive communication approach and raising awareness of scams, fraud and other misleading information on social media and by different promoters.   Clean Energy Tax Credit – In the IR-2024-182, the

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