Tax Day was just over a month ago which, of course, means that my inbox is now filled with the inevitable panicked emails from taxpayers worried about mistakes. Missed forms 1099. Overlooked deductions. Social Security numbers that aren’t quite right. Here’s what you need to know: mistakes are totally fixable. There are two ways to…
It’s my annual “Taxes from A to Z” series! Next up: X Is For 1040X Mistakes happen. And sometimes, no matter how careful you are, those mistakes happen on a federal income tax return. Those mistakes – no matter how innocent or unintentional – can affect your federal income tax liability. While it’s tempting to…
Mistakes happen. And sometimes, no matter how careful you are, those mistakes happen on a federal income tax return. You know what I’m talking about: a transposed number, a missed form, an overlooked schedule… Those are all innocent mistakes that can affect your federal income tax liability. While it’s tempting to fret over it, there’s…
