Common and costly errors taxpayers should avoid when preparing a tax return
Electronically filing a tax return reduces errors because the tax software does the math, flags common errors and prompts taxpayers for missing information. It can also help taxpayers claim valuable credits and deductions. Using a reputable tax preparer – including certified public accountants, enrolled agents or other knowledgeable tax professionals – can also help avoid errors.
Original Article Source Credits: IRS, https://www.irs.gov/newsroom
Article Written By: NA
Original Article Posted on: 10-Feb-2021
Link to Original Article: https://www.irs.gov/newsroom/common-and-costly-errors-taxpayers-should-avoid-when-preparing-a-tax-return