There’s a great article on CNBC today quoting a few of my friends about the dangers of blanket applying tax advice that you can find on social media.
The underlying core of tax information may be legitimate, but it’s often misapplied or misinterpreted. PLEASE book a tax planning appointment with your tax pro before implementing these “too good to be true” strategies you find on TikTok.
Make sure the tax advice you found fits your tax situation, and don’t surprise your tax pro after year-end with “by the way, I did [this].”