Seven common mistakes in tax preparation

Accounting

Advancements in technology have significantly reduced the risk of tax preparation errors, but not all of them. While some of the items below seem obvious, even the most seasoned CPAs and tax professionals have been known to commit these tax preparation no-nos. Whether you are a 20-year accounting veteran or just entering the field, it behooves you to keep a list (and check it twice) of the most common tax preparation blunders. Based on Bloomberg Tax & Accounting’s in-depth research, here is a partial list of the common mistakes in tax preparation.

Products You May Like

Articles You May Like

‘There is a light at the end of this tunnel.’ Teamwork guru shares how to thrive at work amid coronavirus crisis
Create The Future and Find Tactics For Disruptive Thinking
Your forgivable loan may be undercut by this provision of the Paycheck Protection Program
Here’s what to do if you suddenly can’t pay for college next year
Coronavirus and Wayfair decision affecting state tax revenues

Leave a Reply

Your email address will not be published. Required fields are marked *