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What to Do If You Made a Mistake or Forgot a Deduction On Your Tax Return | Latest News

What to Do If You Made a Mistake or Forgot a Deduction On Your Tax Return

Your taxes have been filed, tax season is over, you breathe a sign of relief... but you just found an error on your tax return ... do not need to include any notes or supporting documents used to determine the changes with the completed amended return ... read more

What to Do When Your Tax Preparer Makes a Mistake

You ... your tax preparer makes a mistake resulting in you having to pay additional taxes, interest, or penalties, you are responsible for paying these fees — not your tax preparer. If your tax preparer does make a mistake on your return, what can you do? read more

You Made A Mistake On Your Tax Return. Now What?

Maybe it was a simple mistake: you made a typo or a math error or forgot to report some income. Maybe you receive a corrected 1099 in the mail after filing your return. Either way, the tax return you just filed is wrong. What happens now? Will you get audited? read more

Lessons Learned: 9 People Reveal the Biggest Money Mistake They Ever Made

It's not easy to negotiate a salary or a raise when you have no idea what your peers ... If I could do it differently I'd definitely make monthly payments on the interest at least to save myself money." "Once upon a time, I forgot to return a WiFi router ... read more

5 ways that new landlords forget to maximise their returns

You may even make more money this way. But don’t forget that different ... for $3,500 a month, your gross annual rental is $42,000. You can claim 15 per cent of this ($6,300) as a deduction. The only time you don’t want to do that is if you’ve ... read more

What to Do If You Make a Mistake on Your Tax Return in Canada

If you make a mistake on your tax return ... you to follow so you can change your tax return after filing and fix the mistake you’ve made. 1) Wait for your Notice of Assessment to arrive. There’s nothing you can do until it has. Once you’ve received ... read more

5 common Income Tax Mistakes To Avoid

If your annual income is higher than the basic exemption limit as per the Income Tax ... Make a habit of rechecking your entire return at the last. Even after taking extra care, if you commit some mistake, then you have a chance to file the revised return ... read more

How to Get More Business When Patent Litigation Filings are Down

In other words, it’s your brand that counts. In 2010, when Dave Kappos called upon me to return ... and make sure that you meet them. Spend your own money to attend these events, if your firm or company will not pay. It’s a business deduction ... read more

Amended Tax Returns: Did You File With a Mistake?

Your next move: file an amended tax return. Simply put, an amended return is usually filed because something was incomplete, incorrect or omitted from the original tax return. It should be filed if you forgot to ... a “taxable” mistake or omission ... read more

What To Do When You Get An IRS Notice Letter After Filing Your Taxes

A couple of weeks ago I realized that the tax ... your federal tax return or tax account that you need to address. Each notice that gets sent out will have specific instructions on what you need to do. In some cases it will notify you that the IRS has made ... read more
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