Common and costly errors taxpayers should avoid when preparing a tax return

Author: External Author | | Categories: Credit Restoration Assistance , Payroll Services , Personal Budgeting Assistance , Small Business Bookkeeping , Tax Debt Resolution Services , Tax Preparation Services , Tax Professional , Virtual Financial Services

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.

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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

 



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