Top Income Tax Return Mistakes in 2012

Income Tax

The IRS has compiled a list of the top five errors on on 2012 income tax returns, both taxpayer-prepared and those prepared by paid preparers (I intentionally don’t use the word professional, as many preparers have little training).  However, given the immense complexity of our tax code, and human nature, even experienced CPAs and tax attorneys make mistakes.  Software has certainly made tax return preparation easier, but it sometimes taxpayers and preparers may rely too heavily on tax programs and too little on independent research.

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