- Days left

The 10 Biggest Tax Mistakes I See: A CPA Tells All

×
CPA tax secretsBy Laura Shin

1040, 1040A, 1040EZ, Schedule C, Schedule B, 4868, 1099, W-2 ... doing your taxes can feel like trying to speak a foreign language that you've never taken a course in.

Given how complicated the tax code is, it's not surprising that people mess up when filing their returns -- and those mistakes can cost people thousands of dollars. (Learn how to avoid the top tax filing mistakes.)

As a Certified Public Accountant with his own boutique firm, Gary Craig has seen it all. He shared some of the most common tax blunders he witnesses to help you avoid them, and improve the odds that your own filing goes smoothly.



More From LearnVest:


Increase your money and finance knowledge from home

Basics Of The Stock Market

Stock Market 101 - everything you need to know but were afraid to ask!

View Course »

How much house can I afford

Home buying 101, evaluating one of your most important financial decisions.

View Course »

TurboTax Articles

A Tax Guide for Solopreneurs: Self-Employed Tax Tips

Flying solo can be the ultimate business adventure. When you run your own business and you're the only employee, you truly hold all the cards and earn the freedom to achieve your ideal work-life balance. Working for yourself also brings tax advantages not available to those who work for others. It's important to understand the tax rules that apply to the self-employed to profit the most from these.

Can I Claim Medical Expenses on My Taxes?

Medical expenses can take a bite out of your budget, especially if you have unforeseen emergencies that are not fully covered by your insurance. The Internal Revenue Service allows taxpayers some relief, making some of these expenses partly tax-deductible. To take advantage of this tax deduction, you need to know what counts as a medical expense and how to claim the deduction.

What Is a 1099-G Tax Form?

The most common use of the 1099-G is to report unemployment compensation as well as any state or local income tax refunds you received that year.

Add a Comment

*0 / 3000 Character Maximum

1 Comment

Filter by:
Minor Von

If you think Ricky`s story is unbelievable..., last week my friend basically brought home $5497 sitting there twelve hour's a week from there house and the're co-worker's half-sister`s neighbour done this for 4 months and easily made over $5497 part-time at there labtop. follow the guidelines at this site. ......... BIT40.ℂOℳ

February 27 2013 at 7:05 PM Report abuse rate up rate down Reply
Frank

I\'ve used Turbo Tax for a few years now and it works fine. Also, a big savings versus our old accountant. The program simply walks you through the entire process and will flag anything that seems out of place. There are a number of versions of the software you can purchase depending on your needs.

February 27 2013 at 8:39 AM Report abuse +2 rate up rate down Reply