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7 Costly Tax Mistakes to Avoid


The holidays are over, and everyone's least-favorite time of the year is almost here: tax season. You might feel tempted to hurry through your taxes so that you can move on to other things, but rushing can lead to mistakes that cost you a lot of money (or worse, bring the IRS to your door). Here are seven of the most expensive tax errors you definitely want to avoid this year.

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Everyone who earned more income during the last year than the standard deduction for their filing status is required to submit a tax return. These are the standard deductions for the 2019 tax year:

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Source Fool.com


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