5 Bad Decisions That Could Cost You Money at Tax Time
Messing up your taxes is easy, unfortunately. Forget about one deduction, accidentally transpose a couple of numbers, or lose track of an important document: That's all it takes. Whether your initial mistake hurts you or the government, it'll always come back to haunt you in the end because the government has the resources to track you down and straighten things out if you shortchange it.
Avoiding tax mistakes takes a careful eye and patience to see that you do everything by the book the first time. While this isn't an exhaustive list, here are a few of the most significant tax errors you should try to avoid.
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Source Fool.com
