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No one wants to end the tax season by reducing a large check to the Internal Return Service (IRS). This is why many declarants take advantage of tax credits to help reduce their taxable income. Under the cover of a financial advisor, you may have included Contributions to retirement , Investments and other tax exemptions or credits in your deposit. These are all legal means to save taxes, but now the IRS warns the taxpayers that they could face criminal proceedings to have quoting non -eligible tax complaints.

Similar to deductible radiation and expenses, a tax credit is a " Dollar amount for dollar Taxpayers claim their income tax return to reduce the income tax they owe, ”explains the IRS. If it is proposed correctly, these credits can help strengthen your potential refund.

But as for the 2023 tax season, the IRS says that it knows Inflation of "inappropriate" reimbursement complaints More specifically linked to the fuel tax credit, the sick leave of patients and family leave and taxes on household employment.

In relation: The IRS claims that the audits are about to go up and the sharing that will be targeted . AE0FCC31AE342FD3A1346EBB1F342FCB

"The IRS has seen thousands of dubious claims arrive where it seems that taxpayers demand credits for which they are not eligible, which has led to reimbursements and the need for taxpayers to show that they have legitimate documentation To support these statements ", government agencies said in a press release.

According to the IRS, there was an increase in "tax scams and inaccurate advice on social networks", which led thousands of taxpayers "to file inflated reimbursement complaints" for the 2023 tax season.

"Shalls and publications on social networks have perpetuated a number of false and deceptive complaints that made people believe well -intentioned taxpayers Danny Werfel .

In consumer alert, the IRS explained that fraudulent reimbursement complaints "involve legitimate tax provisions, but they are limited to very specialized situations". By not reading the small print, innocent taxpayers could put themselves at risk of potential criminal proceedings.

For example, the fuel tax credit is reserved for off -road businesses (such as a company that uses the essence of aviation) and the use of agriculture. In other words, the average person cannot claim a tax credit for filling their SUV due to a route of several hours.

The IRS also noted that the credit of patients and family was only available for the self-employed during the COVVI-19 pandemic (2020-2021).

Regarding tax credits on household employment, the agency sees a peak in "employees of fictitious households", in which individuals invent home guards so that they can "claim a reimbursement based On sick and family -based medical leave wages of false patients that they have never paid ".

"These three credits illustrate that it is important to carefully examine the income declaration for accuracy before filing and relying on the advice of a trust tax, not a steering wheel or steering wheel or A doubtful source they hear on social networks, "said Werfel. "Taxpayers who have submitted these complaints should realize that they have been deceived, and they are faced with an in -depth examination process and a long potential wait if they had a refund for other things."

Those who have filed one of these complaints will have to prove their eligibility. The IRS advises taxpayers to speak to a trusted income preparer to examine the directives and, if a credit has been unjustly claimed, to produce a modified declaration to avoid potential sanctions, including financial costs, complete audits and Criminal action.

If the IRS was alerted to your return during its fraud examination process, your refund will be temporarily frozen until the return is legitimized. Taxpayers can examine the full list of IRS recommendations and resources in the press release.