<ul><li>Relying on tax advice from unverified social media posts can lead to costly mistakes, penalties, or audits.</li><li>Many social media influencers lack formal training in tax laws and their advice often oversimplifies complex tax issues.</li><li>Some common misleading tax advice on social media includes claiming personal expenses as business deductions and not reporting cash income.</li><li>To avoid falling victim to bad tax advice, it is crucial to evaluate the source, consult qualified professionals, and cross-reference claims with official resources.</li></ul>

Optima Tax Relief Warns Against Inaccurate Tax Advice on Social Media

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