As you file your 2017 tax return this season, make sure you don’t fall victim to some of the easiest mistakes made each year. Math errors, misspelled names, wrong bank account numbers and omitted Social Security numbers are just a few of the errors that have seriously delayed taxpayers’ refunds in the past. The best advice? Review every form you fill out not once, but MULTIPLE times. And work with a trusted tax professional who can help you make sure your forms are correct.
This is definitely a case of you do not know what you do not know. If you are self-employed, own a rental property, get a K-1 from a business or investment, you are probably missing something on your return that the likes of Turbo tax will let you do, but will still be incorrect. These are your taxes! One of the biggest expenditures of your year, invest in getting them done correctly and getting the advice that only an experienced professional can provide. My two cents…
