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Don't get tax advice from TikTok or Twitter if you want to avoid some wild schemes and scams that are floating out there this tax season. Yeah, not a smart idea. The taxpayer is responsible for making any false claims. More:Tax Day in Michigan: 15 questions you might have on due date, refunds, more The IRS works with payroll companies, large employers and the Social Security Administration to verify W-2 information. "People should not make up income and try to submit a fraudulent tax return in hopes of getting a huge refund," O'Donnell said. Making up fictional employees employed in the household and using Schedule H, Household Employment Taxes, to try claim a refund based on false sick and family wages the taxpayer never paid. Someone would legitimately use this form to report household employment taxes if a taxpayer hired someone to do household work and those wages were subject to Social Security, Medicare or the Federal Unemployment Tax Act, or if the employer withheld federal income tax from those wages. Taxpayers, of course, risk a great deal if they get caught, including a wide range of penalties. You could be looking at a frivolous return penalty of $5,000. Filers also run the risk of criminal prosecution for filing a false tax return. designer bags cyber monday
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