Here are a few important tips from Shadduck Insurance when filing your tax returns. There are common errors you want to avoid to minimize the chance of an audit...and nobody wants to go through that!
Make sure all your social security numbers on the return are correct. Math errors are another common mistake especially when subtracting. Forgetting to sign and date the return. Don't forget to attach all the paperwork like W-2's. Failing to file because you can't pay in full is a BIG MISTAKE! File your return on time. Willful failure to file your taxes is a federal crime. You have to file the return whether you owe any money or not. There are many more "common tax errors" but we just mentioned a few of the major ones.
Whether you file your own taxes or use a tax-preparer, good luck and we hope you get through another year!
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