It has been said that ‘to err is human, to forgive divine’. However, some people have found out the hard way that the IRS is less forgiving when that mistake involves a person’s tax return. Though the government might offer some kind of leniency to those who take the necessary steps to fix the mistake immediately, it can still invite an IRS Audit, especially if your total income is between $200,000 and $1 million. The IRS is even stricter with those who run their own business since there are some who wrongfully declare their business’s income and expense to claim exemptions.
Despite the fact that hiring a qualified tax preparer from a reputable CPA firm does not guarantee that your return will be 100% error-free, it can still greatly reduce the probability that you’ll be committing these tax filing mistakes. It will also help you avoid the possibility of seeing the IRS on your doorstep.
Read more from this blog post. http://bit.ly/2xfMxZB
Despite the fact that hiring a qualified tax preparer from a reputable CPA firm does not guarantee that your return will be 100% error-free, it can still greatly reduce the probability that you’ll be committing these tax filing mistakes. It will also help you avoid the possibility of seeing the IRS on your doorstep.
Read more from this blog post. http://bit.ly/2xfMxZB
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