5 Common Tax Filing Errors

These Common Errors May End Up Costing You Money

  • Not taking tax credits you are allowed (such as the education credit and dependent care credit)

  • Not carrying forward, and utilizing in a subsequent year, unused tax losses
  • Not depreciating assets used in rental real estate or in your business
  • Not deducting self-employed health insurance expenses

  • Not utilizing exceptions to avoid early withdrawal penalties from an IRA distribution

Please watch the video below to see how you can

recover unnecessary income taxes you may have paid:

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Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!