5 Costly Tax Return Mistakes
Being an adult means working and of course, paying taxes. Though filing taxes may seem pretty straight forward, there is always tons of room for error. Your tax return mistakes could be costing you hundreds, possibly thousands of dollars! Common Tax Return Mistakes While you want to comply with tax rules and laws, you also don’t want to pay more taxes than necessary. Missing out on money-saving deductions and credits can make all the difference between a good or bad tax return. Here are five costly tax mistakes that you want to avoid making. 1. Paying for Tax Preparation Tax professionals and accountants charge clients hundreds of dollars to file their taxes. But why pay for something when you can get it for free? TaxAct, H&R Block, and TurboTax all …