Getting Ready to Do Your Taxes? Here are Some Mistakes You Should Avoid Making
From shopping around for the highest refund to failing to tell your tax preparer about life changes that could affect your taxes, a CPA shares the most common tax mistakes.
Certified Public Accountant Gary Craig has outlined some of the most common tax mistakes to help taxpayers avoid making them.
Here's an overview of the mistakes you could be making:
- Shopping for the highest refund
- Failing to make sure the tax preparer signs the return
- Unreimbursed business expenses
- Real estate deductions
- Value of a donated car
- Home office deductions
- Stocks
- Traditional IRA deductions
- Life changes
- Settling for a CPA or tax preparer that goes through the motions
You might also be interested in reading:
- Each Tax Exemption Equals a $3,800 Deduction
- Taxpayers are Already Asking 'Where's My Refund?'
- Timely Tax Advice: Signs Your Tax Preparer is the Wrong Person for the Job
- Protect Yourself from Scammers Who Want Your Tax Return
- 2013 Federal Tax Rates and Standard Deductions Announced
