We understand that taxes are tricky and confusing, causing a lot of people frustration and anxiety during spring time. Many people take tax season lightly, and decide they can perform this important filing on their own, but realize later they made a mistake. So, what is there to do?
According to the IRS, it depends on what kind of mistake you made. If you made a mathematical error, don’t worry, the IRS often catches these and corrects them without a problem.
If you accidentally claimed the wrong filing status or need to make changes to your information (i.e income, credits, deductions) there are amendment forms that can be filled out with the updated information!
Even though the IRS gives you these methods of fixing your taxes, as tax professionals here at Hoods Tax & Accounting, we also want to say that taking your information to a professional is a great decision if you are worried about making mistakes when filing your taxes.
Preparing for the future can be a scary and time-extensive task. There is more to money preparation than tax season, like preparation for retirement and, perhaps, affording life in a quality nursing home or assisted living home.
On Tuesday, March 19th, there will be an educational event where all your questions can be asked when it comes to retirement and having enough money in savings for the future.
Preparation and planning early are the most important things to do when considering your life and the future.
To learn more about this local event, click the link below to be taken to the event page on the journal scene website. https://www.journalscene.com/events/#!/details/Nursing-Homes-and-Your-Life-Savings/6102825/2019-03-19T14
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