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BONUS: TikTok Tax "Hacks" You Should Ignore

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You can find hacks for just about anything on TikTok, but you can’t trust all of it. While the stakes are low if it’s a recipe or a beauty tip, one area you may want to be wary of is anything related to managing your finances and taxes. Some tax “loopholes” may go viral, but taxes are complicated and condensing strategies into a few sentences can easily lead to misinformation.

Following tax advice from TikTok could end up costing you in penalties, back taxes owed and a huge hassle. These are some TikTok tax “hacks” you’re better off ignoring. 

 

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