Did you know that every year thousands of tax returns are rejected due to inaccuracies? These incorrect details are usually the result of carelessness, unawareness, or misinformation. As tax season is nearing, you need to make sure that you understand what must be done to avoid errors that can get your returns rejected or, worse, incur penalties and inquiries from the IRS.

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Most Common Tax Mistakes People Make
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Why it’s so hard to file and pay U.S. taxes
Original Article Source Credits: CNBC , https://www.cnbc.com/
Article Written By: CNBC.com staff
Original Article Posted on: APR 20 2021
Link to Original Article: https://www.cnbc.com/2021/04/20/why-its-so-hard-to-file-and-pay-us-taxes.html
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Here’s how taxpayers can track the status of their refund
Original Article Source Credits: IRS , https://www.irs.gov/
Article Written By: NA
Original Article Posted on: March 30, 2021
Link to Original Article: https://www.irs.gov/newsroom/heres-how-taxpayers-can-track-the-status-of-their-refund
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IRS Warns Of Delays And Challenging 2021 Tax Season: 10 Tax Tips For Filing Your 2020 Tax Return
Original Article Source Credits: Forbes , https://www.forbes.com/
Article Written By: Ashlea Ebeling
Original Article Posted on: Feb 12, 2021
Link to Original Article: https://www.forbes.com/sites/ashleaebeling/2021/02/12/10-tax-tips-for-filing-your-2020-tax-return-irs-urges-taxpayers-to-e-file-use-direct-deposit-for-quickest-refund/?sh=1e7061e2463d
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$1,400 stimulus check or unemployment tax relief? American Rescue Plan creates a real tax headache for the jobless
Original Article Source Credits: CNBC , https://www.cnbc.com/
Article Written By: Greg Iacurci
Original Article Posted on: MAR 8 2021
Link to Original Article: https://www.cnbc.com/2021/03/08/the-american-rescue-plan-creates-a-tax-problem-for-the-unemployed.html
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Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline
Original Article Source Credits: IRS , https://www.irs.gov/
Article Written By: NA
Original Article Posted on: March 17, 2021
Link to Original Article: https://www.irs.gov/newsroom/tax-day-for-individuals-extended-to-may-17-treasury-irs-extend-filing-and-payment-deadline
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Top Three Things To Look For When Hiring A Tax Preparer And Bookkeeper
While your personal taxes can be fairly simple to someone who has some basic knowledge and experience, business taxes are on a whole other level. Even the most straightforward ones are going to be significantly more complicated than personal taxes. A tax preparer and bookkeeper has plenty of experience efficiently navigating the complex world of taxes, which is why you should consider hiring a professional to manage your business taxes and bookkeeping.
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The IRS warns of ghost preparers trying to rip off taxpayers
Original Article Source Credits: Business Insider , https://www.businessinsider.com/
Article Written By: Liz Knueven
Original Article Posted on: Feb 8, 2021
Link to Original Article: https://www.businessinsider.com/personal-finance/irs-warning-ghost-preparers-tax-scams-2021-2?IR=T
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IRS warns anew of 2021 tax scammers: very active and very creative
Original Article Source Credits: Fox Business , https://www.foxbusiness.com/
Article Written By: Brooke Crothers
Original Article Posted on: February 20
Link to Original Article: https://www.foxbusiness.com/technology/irs-warns-anew-of-2021-tax-scammers-very-active-and-very-creative
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IRS Statutes of Limitations for Tax Refunds, Audits, and Collections
Original Article Source Credits: The Balance , https://www.thebalance.com/
Article Written By: William Perez
Original Article Posted on: February 24, 2021
Link to Original Article: https://www.thebalance.com/irs-statute-of-limitations-3192947
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Here’s what taxpayers should do if they have missing or incorrect documents
Original Article Source Credits: IRS , https://www.irs.gov/
Article Written By: NA
Original Article Posted on: March 1, 2021
Link to Original Article: https://www.irs.gov/newsroom/heres-what-taxpayers-should-do-if-they-have-missing-or-incorrect-documents
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Common Mistakes People Make On Their Taxes
As tax day approaches, you make sure all your W-2 forms, deductions, and other paperwork are in order, and you will file the perfect mistake-free return this time. Well, that’s not always the case as minor mistakes can happen, and most of the time, they are fairly simple ones. Filing taxes is not a frequent or a regular task, and like most taxpayers, you could put wrong information on their returns. Moreover, as tax rules change every year, it becomes more cumbersome and challenging to file taxes correctly. So to help you get your returns right and avoid some basic errors that could prove costly, Speedy Tax Preparation & Bookkeeping Service has put together a list of the most common mistakes people make on their taxes.
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Balance Sheet vs. Profit and Loss Statement: What is the Difference?
Original Article Source Credits: Investopedia , https://www.investopedia.com/
Article Written By: SEAN ROSS
Original Article Posted on: Jun 12, 2020
Link to Original Article: https://www.investopedia.com/ask/answers/121514/what-difference-between-pl-statement-and-balance-sheet.asp
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New law increases deduction limit for corporate cash contributions for disaster relief; IRS provides recordkeeping relief
Original Article Source Credits: IRS ,https://www.irs.gov/
Article Written By: NA
Original Article Posted on: January 29, 2021
Link to Original Article: https://www.irs.gov/newsroom/new-law-increases-deduction-limit-for-corporate-cash-contributions-for-disaster-relief-irs-provides-recordkeeping-relief
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Understanding Long-Term vs. Short-Term Capital Gains
Original Article Source Credits: Investopedia , https://www.investopedia.com/
Article Written By: CLAIRE BOYTE-WHITE
Original Article Posted on: Feb 1, 2021
Link to Original Article: https://www.investopedia.com/articles/personal-finance/101515/comparing-longterm-vs-shortterm-capital-gain-tax-rates.asp
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2021 tax filing season set to begin February 12
Original Article Source Credits: IRS , https://www.irs.gov/
Article Written By: NA
Original Article Posted on: January 28, 2021
Link to Original Article: https://www.irs.gov/newsroom/2021-tax-filing-season-set-to-begin-february-12
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Trump Finally Signs The Relief Act—10 Important Things You Need To Know
Original Article Source Credits: Forbes , https://www.forbes.com/
Article Written By: AllBusiness
Original Article Posted on: Dec 27, 2020
Link to Original Article: https://www.forbes.com/sites/allbusiness/2021/12/27/trump-finally-signs-the-relief-act-10-important-things-you-need-to-know/?sh=10582ea2653b
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Meet The Face Behind Speedy Tax Preparation & Bookkeeping Service
I’m Mary Brown, the proud owner of Speedy Tax Preparation & Bookkeeping Service. I look forward to sharing my story. I hope that you will enjoy getting to know me better.
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What Are the Key IRS Tax Changes for 2021?
Original Article Source Credits: The Motley Fool , https://www.fool.com/
Article Written By: Dan Caplinger
Original Article Posted on: Dec 28, 2020
Link to Original Article: https://www.fool.com/taxes/what-are-the-key-irs-tax-changes-for-2021/
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2020-2021 Federal Tax Brackets and Tax Rates
Original Article Source Credits: The Motley Fool , https://www.fool.com/
Article Written By: Matthew Frankel, CFP
Original Article Posted on: Dec 28, 2020
Link to Original Article: https://www.fool.com/taxes/2020-2021-federal-tax-brackets-and-tax-rates/
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