W2s are tax forms sent by employers to workers that show their annual income and the amount of federal income tax that has been withheld, retirement contributions and more. An employee uses that information to fill out their Form 1040 - their individual income tax return - which contributes to the calculation about whether they are owed a refund or, alternately, owe money to the IRS. The bigger the withholding, the potentially bigger the refund. But making up fake information on a W2 is a sure-fire way to get in hot water with the IRS, which receives copies of W2s from employers and matches them with the data filed on individuals' 1040s, tax and security experts said. "There are all these individuals [on social media] purporting to be tax experts, but they are really scamming attention by showing these tax hacks," said Amir Tarighat, CEO of cybersecurity company Agency. "They really aren't even selling anything other than, 'Follow me for more tricks.'" Scammers may be banking that tax filers can beat the clock by filing a return before the IRS can verify matching data from an employer's W2, said Keith Hall, a CPA and CEO of the National Association for the Self-Employed. "If you send in a tax return that has W2 information that includes withholding, the IRS will process that pretty quickly, in advance of that matching process," Hall said. But, he added, "The people who do [falsify information] will ultimately get caught." He added, "If someone says you can get a big refund by making up a W2, walk away as fast as you can." Fake employees and a non-existent tax credit Taxes high quality imitation bagsreplica dior saddle bag
replica bags
replica bags
replica bags