Blog

8 Common Errors Taxpayers Should Know and Avoid

by Tracey Hrica, EA Feb 18, 2020 | Share

Updated July 12, 2020

Filing taxes 101: Common errors taxpayers should avoid

Taxpayers should be reminded that E-Filing your return reduces errors. The tax software does the math and flags common errors and prompts taxpayers for missing items.

Here are the top 8 tax mistakes to avoid:

  1. Missing or inaccurate Social Security numbers.
  2. Misspelled names.
  3. Incorrect filing status.
  4. Math mistakes.
  5. Errors in figuring credits or deductions.
  6. Incorrect bank account numbers.
  7. Unsigned forms
  8. Filing with an expired individual tax identification number.

Remember using a reputable tax preparer can help to ensure these common mistakes don’t become your mistakes.

About the Author

Tracey Hrica, EA

Tracey Hrica joined the firm in 1995. She is an Enrolled Agent(EA), which enables her to prepare personal and business tax returns and represent clients before the IRS. Working closely with her clients, Tracey’s primary areas of concentration are new client set up and QuickBooks support. As a QuickBooks ProAdvisor, she works closely with clients who rely on QuickBooks for the day to day running of their business. Tracey has expertise in both QuickBooks Desktop and QuickBooks Online.

See all blogs
Share

Latest Articles

Are You Busy or Truly Productive?

The Busy Trap: Rethinking Productivity Beyond Busy...


Boost Profits with Smart Pricing Strategies

Smart Brevity Count:554 Words | 2 Minutes "Qualit...


Stress Over Your Small Business Finances Keeping You Awake? Try These Tips

Are you tossing and turning at night, unable to sh...


Five Important Post-Tax Season Actions for Small Business Owners

Just submitted your taxes? A sigh of relief, isn't...


Want to See the Hidden Narrative Behind Your Business Performance Metrics?

Do you ever feel like your business numbers are sp...