Despite coming at the same time every year, millions of Americans have a tendency to feel anxious and helpless about filing their returns. There are even stories of those who, knowing they are getting ...
The IRS reports that it caught 2.3 million math errors on 1.7 million tax returns in 2014 (that's returns for tax year 2013). That actually seems pretty good, since the IRS received almost 250 million ...
Federal stimulus payments may have been critical to helping many taxpayers make it through the first year of COVID, but they also were a huge source of errors on tax returns. In the year to Dec. 31, ...
Tax season is here again and that means many thousands of Ohio taxpayers are going to make mistakes on their tax returns that will require correction, often necessitating the filing of amended returns ...
The IRS has introduced a new law to fix tax filing math errors more clearly. The IRS MATH Act helps taxpayers understand ...
Taxpayers often make mistakes when filing their taxes, such as inputting incorrect personal information or making math errors. Choosing the wrong filing status or claiming ineligible credits can lead ...
Tax season is stressful enough without adding unnecessary delays to the mix. But every year, millions of taxpayers unknowingly make simple, avoidable mistakes that can slow down their refunds, trigger ...
In a punishing tax season plagued by technical glitches and constantly changing regulations, millions of Americans are still facing unresolved delays as they wait for their much-needed refund checks.
Tax preparers never make mistakes filing returns, of course, but out of professional curiosity the question arises: What are the most common goofs on returns? The Internal Revenue Service has compiled ...
You know what burns my biscuits? Math. Don’t get me wrong, math is a wonderful tool to understand quantitative applications. For example, “Rob Smith can throw a football 65 yards on a rope.” We can ...
Tax season is here again and that means many thousands of Ohio taxpayers are going to make mistakes on their tax returns that will require correction, often necessitating the filing of amended returns ...