| During income tax season people all around are | | | | Using Standard Deduction: using a standard deduction |
| scurrying to their tax office to have their taxes | | | | instead of itemizing is a safe deduction for a lot of |
| prepared in hopes of receiving some money back as | | | | people but it is not for everyone. You may be |
| this time of year is so busy mistakes tend to happen | | | | overpaying when you don't itemize. Do some research |
| frequently. Some mistakes go unnoticed and do not | | | | to find out what is better for your NYS tax |
| make a big difference in the outcome while other | | | | preparation. If itemizing is better for you then you need |
| mistakes can cost you thousands of dollars. To | | | | to bring all the prepared paperwork with you to get |
| prevent mistakes you need to find a New York | | | | your taxes prepared. |
| Certified Public Accountant that can prepare taxes | | | | Math errors:Simple math errors can cause a lot of |
| with a guarantee to have your tax papers rechecked | | | | problems. In fact, according to the IRS, these simple |
| for mistakes at no extra cost to you. | | | | math errors are the main reason for mistakes. When |
| You also need to be sure of your tax information by | | | | software is used by a NY tax preparer there are less |
| going through your records and finding your information | | | | chances of a mistake occurring. Math errors are |
| to verify everything. You can also log online to some | | | | usually caused by human error. |
| sites and calculate your earnings so you will know how | | | | Attached documents are left out: When you have |
| much you can expect. This amount is not always | | | | your taxes prepared it is mandatory that a W-2 is |
| 100% accurate it can give you a close estimate. The | | | | attached. All paperwork is needed in order to complete |
| most common errors made during tax preparation are: | | | | the New York tax preparation. If not the IRS may |
| Simply typo errors: This can be as simple as one | | | | deem your paperwork 'Incomplete' and not release |
| number off on your social security number or birthday. | | | | your refund until the paperwork is completed. |
| But this typo is enough to stop the return. In some | | | | Miss the deadline: It is easy to let time get away as |
| cases you can actually owe money or be in worse | | | | you are busy, but you should always circle April on |
| trouble if the social security number they entered | | | | your calendar. When you don't pay your taxes, even if |
| actually belongs to someone who has been running | | | | you just forget, the IRS considers it a non-payment |
| from the IRS for years. To avoid this mistake you | | | | and you will need to pay but with interest. |
| need to ask to see the NY income tax forms before | | | | It is best to hire an experienced Certified Public |
| they are submitted to the IRS. Once the preparation is | | | | Accountant New York and leave the hassles of tax |
| complete you can look over the paperwork and check | | | | preparation on them and avoid the common income |
| your social security number, birthday, and name for | | | | tax filing mistakes. |
| any errors. | | | | |