Tag: tax returns
There are many mistakes that people make when filing their taxes, and familiarizing yourself with these common mistakes can help you avoid them and eliminate the chance of fines. Common mistakes include not filing taxes on time, reporting the wrong information or even simple math errors. People also commonly forget to keep their old returns and their old receipts, which they could need in the future.
Today marks the “official” start of the 2012 tax season as the Internal Revenue Service begins accepting electronically filed tax returns. What’s so great about e-filing? This infographic from H&R Block explores the benefits of e-filing your income tax return.