Failing to compare your current year’s return to the previous year
As a CPA, I always remind clients to compare their year-to-year returns. If they come across any unexplained, major discrepancies or changes, it’s a good indication that some piece of information is missing. This is one of the best sanity checks available, yet it’s the one I see used the least.
Check out these 13 secrets an IRS agent won’t tell you about tax planning.
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