IRS assesses $162 million in penalties over false tax credit claims tied to social media

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Issue Number:    IR-2025-90

WASHINGTON — The Internal Revenue Service is alerting taxpayers about a growing number of fraudulent tax schemes circulating on social media that promote the misuse of credits such as the Fuel Tax Credit and the Sick and Family Leave Credit. These scams have led thousands of taxpayers to file inaccurate or frivolous returns, often resulting in the denial of refunds and steep penalties.

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IRS urges emergency preparedness ahead of peak disaster season

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Issue Number:  IR-2025-89

WASHINGTON — As hurricane season peaks and wildfire risks remain high, the IRS urges individuals and businesses to create or update their emergency preparedness plans as part of National Preparedness Month.

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IR-2025-88: Security Summit: IRS reminds tax pros to guard against identity theft as summer series wraps up

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Issue Number: IR-2025-88

Inside This Issue

Security Summit: IRS reminds tax pros to guard against identity theft as summer series wraps up

Week 5 of “Protect Your Clients; Protect Yourself” offers tax pros tools and advice to help protect important data.

WASHINGTON — The Internal Revenue Service and the Security Summit partners are closing out the fifth and final week of the “Protect Your Clients; Protect Yourself” awareness series by reminding tax professionals to stay vigilant and strengthen safeguards to protect against identity theft. In the first half of the year there were nearly 300 data breaches reported impacting as many as 250,000 clients.

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