The 5 Most Common Errors When Filing Your Tax Return With The IRS:

1) THE NUMBERS DON'T ADD UP! Yes, it's true. The biggest problem the IRS has when checking tax returns is the math is wrong! And 99% of those incorrectly calculated tax returns are prepared by hand. (HINT: Make sure you file your tax return on a computer generated tax form. Just this alone will reduce many silly mistakes, increase the efficiency with which your tax return gets accepted by the IRS and drastically lower your chances of an IRS audit compared to a return prepared manually.) 

2) SOCIAL SECURITY NUMBER(S) ARE WRONG! You would think something as simple as inputting a social security number onto a tax form would be the easy part of preparing a tax return. Well, while it is easy, it still is the second biggest problem the IRS has. If your S.S. #, your spouses' and even your kids' nine digit number is off just by one number, the whole tax return is going to get rejected by the IRS, therefore delaying your check. (* NOTE: Taxpayers NOT electronically filing their tax return leave themselves vulnerable to IRS employees making input errors on their tax return.) 

*This is especially frustrating when you have been careful to get all of the social security numbers correct on your tax return and some "key punch" operator makes a mistake which causes unwanted delays on the acceptance of your tax return.

3) INCORRECT CLAIMING OF DEPENDENTS! There are so many stipulations for who or whom you may or may not claim as a dependent that it is only logical this is a major problem area for people trying to file their taxes with the IRS. A common dependent not claimed by families is an elderly parent living in the home. Another common dependent problem happens when a person tries to claim head of household, but does so with unqualified dependents. No matter what your situation is, re-review the "Personal Exemptions & Dependent" sections in your federal tax booklet. 

CAUTION: The IRS will throw the book at you for getting this one wrong. Many dishonest people try and fraud the government in this area. 

4) EARNED INCOME CREDIT VIOLATIONS! This is another major area where fraud takes place in our tax system and the IRS is cracking down more than ever! In addition, the IRS has changed the definition of a "qualifying" child. (YOUR eligibility may have changed for the better or worse.) If you think you qualify for the EIC, read over this section carefully in your IRS booklet. The interesting part about EIC qualifications is there are so many NEW LEGAL ways to receive this credit, many people file their taxes unknowingly and leave hundreds (and sometimes thousands) of dollars unclaimed that's supposed to be theirs! 

5) NEW CHILD TAX CREDITS! This one is not in the IRS's top 5 biggest mistakes yet, but in my opinion, by next year it will be one of the biggest reasons so few families actually filed their taxes correctly to receive this new credit. The forms are extremely complicated and most taxpayers will need a computer software program just to get the math right. 

Here's how you can NEVER "Have To Worry About Your Taxes Again!!" All you have to do is...

Choose Us To Professionally Prepare And Electronically File Your Taxes This Year!

As a taxpayer, you need to protect yourself from filing an "incorrect" tax return and missing out on the BIGGEST POSSIBLE REFUND available from Uncle Sam.

SPECIAL Limited-Time Discount Offer

Simply bring this page with you when you come to our tax office and we'll give you $20 OFF ANY TAX SERVICE you choose. 

Earn Cash with our Refer-a-Friend Program

For each of your friends who uses our tax services this year, we'll send you $20 cash. IT'S THAT SIMPLE! Plus, to make this offer a good deal for everyone, we'll even give your friend $20 off any tax service an incentive to choose us, too! Tell all your friends and family. (Valid for any tax service for new referrals only)

Our "Complete-Triple-Protection-Worry-Free-Peace-Of-Mind" ACCURACY GUARANTEE!

We promise to prepare YOUR tax return correctly so YOU'll be KEEPING all the money that's supposed to be YOURS, without fear of an IRS audit! And if You're due a tax refund, we promise to get YOU the BIGGEST and FASTEST tax refund allowed by the IRS! And finally, if our tax professionals don't bend over backwards to help YOU and YOU're not satisfied with our efforts to help YOU deal with the IRS, we want to give YOU your money back ... period!

And by the way. If we ever do make a mistake preparing your tax return (it happens sometimes ... hey -- we're human, too) DON'T WORRY -- we always stand behind our work so we will pay any penalties and interest on our mistake. Just bring in the first IRS letter you receive and we'll take care of the rest.

The chances are so slim this could happen to you, but just in case, we want you to know you're STILL protected by our guarantee!

(Now that's a real "NO RISK, All-Your-Bases-Are-Covered" COMPLETE ACCURACY GUARANTEE!)

Harry James, James Financial Services
152 Newtown Road Suite 102
Virginia Beach, VA 23462

Phone: 757-490-7700
FAX: 757-499-2079

Web Site: www.taxdesigns.com

E-mail: jfs@visi.net

<< Previous    [1]  2    Next >>