Episode 2 r/IRS Reddit Vlog: Fraud, Tax Preparation, and New Free Tax Filing Pilot Program.

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This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon.
www.reddit.com/r/IRS
www.JohnRDundon.com

This video discusses fraudulent tax preparers claiming to be professionals and warns small businesses about scams related to the Employee Retention Credit. It also covers various financial scams and a new tax reporting system set to be implemented. The video emphasizes the importance of seeking out trustworthy practitioners and knowing the eligibility criteria for tax credits. The IRS is launching a free tax filing pilot program in 2024, which some companies are trying to stop. The new tax reporting system could benefit taxpayers with basic income tax reporting information.