Despite coming at the same time every year, millions of Americans have a tendency to feel anxious and helpless about filing their returns. There are even stories of those who, knowing they are getting ...
The IRS reports that it caught 2.3 million math errors on 1.7 million tax returns in 2014 (that's returns for tax year 2013). That actually seems pretty good, since the IRS received almost 250 million ...
Federal stimulus payments may have been critical to helping many taxpayers make it through the first year of COVID, but they also were a huge source of errors on tax returns. In the year to Dec. 31, ...
Tax season is officially here and millions of Americans have started filing their tax return, many in hopes of receiving a refund. But some will have to wait longer because of mistakes on their ...
Tax preparers never make mistakes filing returns, of course, but out of professional curiosity the question arises: What are the most common goofs on returns? The Internal Revenue Service has compiled ...
WASHINGTON – With tax filing season in full swing, there are some common mistakes taxpayers often make that can cause their refund to be delayed or even rejected. “Knowing what to lookout for can help ...
Tax season can be stressful for millions of hardworking American taxpayers and result in unforeseen errors that can make the filing process even more difficult than it needs to be. April 18 is the ...
The IRS has introduced a new law to fix tax filing math errors more clearly. The IRS MATH Act helps taxpayers understand mistakes, know where they happened, and respond on time. It aims to reduce ...