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10 Mistakes To Avoid This Messy Tax Filing Season

Author: External Author | | Categories: Accounting Firm , Accounting Services , Certified QuickBooks ProAdvisor , Enrolled Agent , IRS Notices , Liens , Payroll Services , Small Business Accountant , Strategic Tax Planning , Tax Accountant , Tax Preparation

In an ordinary year, filing taxes can be annoying, confusing, stressful, and costly. Throw in a COVID-19 pandemic, and all the financial chaos that has followed, and it can be completely overwhelming. The tax year 2020 seems to be throwing many tax preparers for a loop. Many taxpayers are in desperate need of their stimulus checks and tax refunds. Others who had amazing years (financially) in 2020 are getting some shockingly high tax bills (or estimates- there is still time to lower your 2020 tax liabilities). 

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Original Article Source Credits: Forbes, https://www.forbes.com

Article Written By: David Rae

Original Article Posted on: Apr 20, 2021

Link to Original Article: https://www.forbes.com/sites/davidrae/2021/04/20/10-annoying-tax-mistakes-to-avoid-this-tax-season/?sh=767becf378f7