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Every tax season, the IRS comes out with various warnings and reminders to taxpayers about how to avoid problems with their filings. Usually, this is in response to common mistakes that taxpayers...
So I spoke to top tax experts to find out the silly mistakes people make on their taxes, and how to either quickly fix them or even avoid them entirely. Read what they had to say before you file ...
If you're filing your tax return alongside a tax preparer, chances are you may feel confident they've got it under control. No matter how confident you may be, an accidental mistake can always be...
Making math errors. The IRS caught more than 9 million math errors on last year’s tax returns, ranging from simple addition and subtraction issues to complex calculations gone wrong.
IRS penalties for some mistakes can be stiff, and you can end up paying taxes you don’t legitimately owe. File the Right Way: 9 Best Ways To Get Free Tax Help
Before online tax software became the common way to file tax returns, most people did everything by hand. This caused mathematical errors to be more frequent. Now, you enter the data, and the ...
Uncle Sam isn't someone you want to mess with. Everyone has to pay taxes, but many people make missteps that can be costly in more ways than one. I Retired Early: Here's My Monthly BudgetAlso: 7...
More: Here’s the Biggest Tax Mistake People Make. SelectStock / Getty Images/Vetta. Your Personal and Bank Numbers. Just like your Social, you might speed through inputting your birthday ...