
Tax Refund Scams: What Taxpayers Need to Know in 2024
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June 2024 By their very nature, tax credits are designed to reduce tax burdens for certain expenses. And when it comes time to file taxes, there are many potential tax credits for which a person may be eligible. Unfortunately, there is also a lot of misinformation floating around when it comes to who is eligible for these credits and how much can be claimed. In fact, there have even been instances of scams, where well-meaning taxpayers have been tricked into claiming credits for which they do not actually meet eligibility requirements. Such occurrences have been prevalent during the 2024 tax season, underscoring the importance of taxpayers remaining vigilant and well-informed. View the full article here.
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