Seven Common Tax Preparation Mistakes (and How to Avoid Them)

Show Business and Finance Publications

Wed, March 26, 2025

[ Wed, Mar 26th 2025 ]: WKYC

Better Business Bureau Scam Tracker Risk Report f .. ted scams at riskiest reported: VERIFY Fast Facts

[ Wed, Mar 26th 2025 ]: Invezz

CFO optimism dips in Q1 as tariff risks and uncertainty overshadow Trump boost: Fed survey

[ Wed, Mar 26th 2025 ]: Investopedia

These Food and Drink Stocks Could See Double-Digit Growth, Says Wells Fargo

[ Wed, Mar 26th 2025 ]: KUNC

Colorado restaurant workers, owners at odds over bill to cut wages

[ Wed, Mar 26th 2025 ]: Audacy

West Herr WBEN Buffalo Business Report - Wednesday, March 26th, 2025

[ Wed, Mar 26th 2025 ]: Blavity

Is Chipotle Closing And Going Bankrupt? Let's Fact Check The Viral Rumors

[ Wed, Mar 26th 2025 ]: CW33

NFM's Annual Women's Panel: Empowering Women in Business

[ Wed, Mar 26th 2025 ]: KWTX

'They can come and take them': Killeen business o .. ustrated by city's new flag ordinance enforcement

[ Wed, Mar 26th 2025 ]: WBUR

How Trump plans to get government out of the mortgage business

[ Wed, Mar 26th 2025 ]: jacobin

Medicare Would Be in Real Danger of Collapse Under Dr Oz

[ Wed, Mar 26th 2025 ]: TechCrunch

Has GetReal cracked the code on AI deepfakes? $18M and an impressive client list says yes

[ Wed, Mar 26th 2025 ]: civicscience

Pulse of the U.S. Workforce Report: Employment Co .. Manager Care, and Belief in Corporate Leadership

[ Wed, Mar 26th 2025 ]: Deadline

Hollywood's Theatrical Business At Risk Of Enteri .. egative Feedback Loop", Wall Street Analyst Warns

[ Wed, Mar 26th 2025 ]: Fortune

Experts say Americans are so pessimistic about bu .. threshold that usually signals a recession ahead'

[ Wed, Mar 26th 2025 ]: Bloomberg

Porsche, VW's Billionaire Owners Weigh Defense Investment

[ Wed, Mar 26th 2025 ]: ProPublica

Fend for Yourself: Under Trump, Consumer Protecti .. 's Probes of Big Tech and Finance Firms Freeze Up

[ Wed, Mar 26th 2025 ]: CNET

A Tax Return and Tax Refund Are Not the Same. Here's the Key Differences

[ Wed, Mar 26th 2025 ]: stacker

How to get the most out of high-limit business credit cards

[ Wed, Mar 26th 2025 ]: Euronews

UK Spring Statement: Further budget cuts and halved economic growth

[ Wed, Mar 26th 2025 ]: CoinDesk

LatAm Exchange TruBit Taps Crypto Lending Platform Morpho for DeFi Earn Offering

[ Wed, Mar 26th 2025 ]: dw

Silicon Valley's Indian tech workers on edge about Trump's H-1B visa reform # DW Business

[ Wed, Mar 26th 2025 ]: MarketWatch

Morgan Stanley is getting more bullish on China s .. ks. But there's a key risk, and it's not tariffs.

[ Wed, Mar 26th 2025 ]: CNBC

Dollar Tree says it's winning over higher-income shoppers and may offset tariffs with price hikes

[ Wed, Mar 26th 2025 ]: Newsweek

Refunds and Stimulus Checks: Tax Season Scams to Know

[ Wed, Mar 26th 2025 ]: MSNBC

How Elon Musk and Congress are courting a financial crisis

[ Wed, Mar 26th 2025 ]: AOL

SoFi vs. Chase: I tried both banks, and here's why I think they're better together

[ Wed, Mar 26th 2025 ]: Entrepreneur

Reduce Your Business's Spending by Investing in Microsoft Office Licenses Instead

[ Wed, Mar 26th 2025 ]: CNN

The global platform unlocking investment into Africa's sustainable future

[ Wed, Mar 26th 2025 ]: Patch

SXU Offers New AI, Cybersecurity, Finance, Business Analytics MBAs

[ Wed, Mar 26th 2025 ]: TwistedSifter

After Failing To Pay This Mechanic What He Was Ow .. If He Doesn't Like It, He Can Sue Him, So He Did

[ Wed, Mar 26th 2025 ]: Yahoo

4 seek Joplin School Board seats

[ Wed, Mar 26th 2025 ]: Insider

As a busy mom, I started an online T-shirt busine .. g to make passive income. I lasted only 3 months.

[ Wed, Mar 26th 2025 ]: Mint

Personal loans for business: 5 crucial considerations before borrowing

[ Wed, Mar 26th 2025 ]: Kiplinger

Tax Advantages of Oil and Gas Investments: What You Need to Know

[ Wed, Mar 26th 2025 ]: Startups

53 free business events in April you need to know about

[ Wed, Mar 26th 2025 ]: YourStory

Innovators of Change: The Top 10 Leaders Who Are Shaping Tomorrow

[ Wed, Mar 26th 2025 ]: cnbctv18

RBI Governor calls for stronger anti-money laundering and terrorism financing measures

[ Wed, Mar 26th 2025 ]: Stocktwits

Honeywell Announces New CEO And CFO For Advanced Materials Business: Retail Outlook Improves

[ Wed, Mar 26th 2025 ]: Newsroom

New Watercare boss to borrow $10b for ageing pipes and plants

[ Wed, Mar 26th 2025 ]: Forbes

Herstory Is Redefining Women's Liberation Through Economic Freedom

[ Wed, Mar 26th 2025 ]: Reuters

India discontinues parts of gold deposit scheme amid rising prices

[ Wed, Mar 26th 2025 ]: Moneycontrol

Morgan Stanley adds Bajaj Finance, Hindustan Aeronautics to key focus lists

Tue, March 25, 2025

[ Tue, Mar 25th 2025 ]: Kiplinger

IRA Rules at a Glance: Contribution Limits, Income Limits and Rollover Options

[ Tue, Mar 25th 2025 ]: Fortune

AI improves both individual and team performance, .. s. Will companies draw the right lessons from it?

[ Tue, Mar 25th 2025 ]: TechRadar

"It's our job to deliver constant innovation" - N .. o be the operating system for your whole business

[ Tue, Mar 25th 2025 ]: Forbes

Who Is Frank Bisignano? Democrats Grill Trump's S .. y Pick At Confirmation Amid DOGE Cuts To Service.

[ Tue, Mar 25th 2025 ]: Reuters

To feed a warming world, we must also serve up gender equality

[ Tue, Mar 25th 2025 ]: AOL

74 Haunted, Cursed, And Deeply Bizarre Things Found Secondhand (New Pics)

Seven Common Tax Preparation Mistakes (and How to Avoid Them)

//business-finance.news-articles.net/content/202 .. -preparation-mistakes-and-how-to-avoid-them.html

Published in Business and Finance on Wednesday, March 26th 2025 at 9:01 GMT by Kiplinger

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

However, according to the tax and financial experts of Kiplinger Advisor Collective, preparing your taxes doesn't need to be the dreaded task many make it out to be. In fact, it can be a great time to check in on the health of your finances and ensure you're taking advantage of all the benefits and accounts that are available to you.

2025-03-26 231 x 130 / 19360 Bytes

The article from Kiplinger discusses common tax preparation mistakes and provides strategies to avoid them. Key points include the importance of understanding tax laws, which change frequently, and the necessity of keeping meticulous records to substantiate deductions and credits. It highlights errors like missing deadlines, overlooking potential deductions, and misreporting income or expenses. The article advises on the benefits of hiring a professional tax preparer, especially for complex returns, to navigate through the intricacies of tax codes, avoid penalties, and potentially increase refunds. It also emphasizes the need for accuracy in data entry, the importance of reviewing tax returns before submission, and the value of electronic filing for its efficiency and error reduction. Lastly, it warns against procrastination, suggesting that starting early can alleviate the stress of tax season and reduce the likelihood of errors.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/kiplinger-advisor-collective/common-tax-preparation-mistakes-and-how-to-avoid-them ]

Similar Business and Finance Publications

[ Mon, Mar 17th 2025 ]: Insider