Each year, many people attempt to do their taxes on their
own. Unfortunately, mistakes are all too easy to make and can lead to reduced
refunds and long waits. For that reason, many of the people who do their taxes
on their own live to regret it.
While all kinds of mistakes are common, of the biggest
blunders is simple miscalculation. Putting a wrong number in a column or
skipping over a figure or two when doing addition will have the IRS sending you
a correction form so fast your head will spin.
Other people make the mistake of not meeting that April 15
deadline, and in case you ever wondered, yes, the IRS is pretty strict on when
your tax forms are due. You could face fines and penalties for a late tax
return.
It’s been said that to err is human, and while that may be
true for average people, it’s not really true for professional
accountants. These experts know to check and recheck their work for errors
and even have programs to help them do some of that checking. Your tax return
is a lot less likely to contain errors if you let a professional handle it, so
unless you’re perfect, let someone in the know help you.
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