| You may be tempted to save some bucks and try a tax hack when you file your return. But, faulty tax advice can have real consequences. Certified public accountant Mark Gallegos advises people to take precautions before seeking any tax advice. Tax imposter scams are rising, according to the Better Business Bureau. Gallegos shares guidance with Life Kit on how to avoid falling victim to a scam.
💰 If someone claims everyone qualifies for a "little-known tax loophole," they're probably wrong. If you seem to qualify, consult a primary source like IRS.gov or ask an expert before acting.
💰 Get tax advice from qualified professionals like certified public accountants, tax attorneys and enrolled agents. Be skeptical of advice from nonexperts who don’t cite their sources.
💰 If a tip you’re considering relies on the IRS skipping or overlooking your return, it's not legitimate. |