It’s official. The tax return campaign has begun in the United States. On January 27th, the Internal Revenue Service (IRS) kicked off the 2025 tax filing season. According to the authorities, more than 140 million returns are expected to be filed by the federal deadline of April 15th. Therefore, during this period of time, American citizens must file their tax returns if they do not want to be exposed to penalties from the SSA.
Thus, the government agency responsible for ensuring compliance with tax obligations warned taxpayers about a practice that, if detected during filing, could result in fines of USD 5,000. For this reason, it is vitally important to pay attention to what one is doing and to be surrounded by financial advisors who are familiar with the workings of the Social Security and IRS systems in the United States.
Fines of USD 5000 for these taxpayers
The agency pays special attention to the importance of prioritizing the truthfulness of tax returns, since if improper behavior is intentionally identified and investigated, the taxpayer will be sanctioned by the institutions. Thus, according to the IRS, any claim or filing that is based on a “position identified as too lenient” or that demonstrates the intention to delay or impede the tax administration will be subject to Fine 6702 (a) of the Internal Revenue Code (IRC).
The penalty is $5,000 for each return—or copy of a return—in which an improper credit with the aforementioned characteristics is claimed. In the case of a joint return with such irregularities, the penalty will apply to each spouse, regardless of whether they filed jointly.
In short, what this institution aims to do is to prevent fraud or taxpayers deducting tax to pay less money than they really owe, regardless of the family unit they belong to. Therefore, in the run-up to tax season, the magnifying glass will be focused on those returns that may be suspicious.
Tax Return 2025
The Internal Revenue Service, for its part, also warns that erroneous and malicious information increases during tax filing seasons. In fact, as a security measure, the Internal Revenue Service will send letters to taxpayers whose returns appear to have been completed by a “ghost preparer”. This term refers to any professional who does not sign or include their PTIN (tax preparer identification number) on the return.
Furthermore, as indicated by the Federal Administration itself, the review of specific sections of Form 1040 will be increased and a specific form has been added to claim the Fuel Tax Credit, with the aim of preventing taxpayers from falling for scams that put them at risk. In short, the IRS is warning about the dangers of the 2025 Tax Return, reinforcing online security programs to prevent fraudulent or criminal acts that expose citizens’ sensitive and personal data.