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You Made a Mistake on Your Tax Return. Should You Amend It? | Latest News
Don’t Make The Financial Mistakes Your Parents Made
You must learn your lessons from their mistakes ... tax-saving avenue. With the growing costs of hospitalisation, a Health Insurance is mandatory for every person. And if a person has dependents, they must absolutely buy Life Insurance. These two covers ... read more
5 money mistakes that could doom your new marriage
You can avoid these mistakes if you're smart about your cash and know how couples get into financial trouble. Here are five key money mistakes made by many betrothed couples that you should avoid ... want to submit a joint tax return, certain benefits ... read more
There are six money mistakes that make this expert cringe. Chances are you’re guilty of one.
While you may be pretty savvy when it comes to money, there’s always room for improvement. To help you stay one step ahead and to remain in control of your finances, here are some cringe-worthy money mistakes that you should try and avoid. When a bank ... read more
What to Do If You Made a Mistake or Forgot a Deduction On Your Tax Return
Your taxes have been filed, tax season is over, you breathe a sign of relief... but you just found an error on your tax return ... two years after paying taxes to amend -- whichever is later. If you owe taxes, you should amend as soon as possible to ... read more
Are You Making These Costly 401(k) Mistakes?
However, even if you're contributing to your 401(k) plan, you must avoid several mistakes that seriously affect your plan's future value. Here are four mistakes you don't want to make ... return). If you take out a 401(k) loan, you avoid the penalties and ... read more
5 Mistakes to Avoid in Retirement
Here are five more mistakes ... to make sure your will is updated and that you set up a power of attorney for any health care or financial decisions. An experienced estate-planning attorney can coordinate with your financial adviser and a tax professional ... read more
Yes, you can – and should – amend tax return errors
I filed my 2016 tax return last month, and I just realized that I may have made a mistake ... when determining whether or not you should amend past tax returns. If you inadvertently omitted, or incorrectly listed your filing status, dependents, income ... read more
The 7 Main Steps You Need to Take to Get Your Startup Off the Ground
You should strategize ... is learning from your mistakes. It’s important to recognize when you’ve done something wrong, move forward, and try your best to make sure it doesn’t happen again. Pay your bills. Pay your taxes. Operate within the confines ... read more
Don’t panic if you made a mistake on your taxes
Or you might have just learned that you failed to claim some righteous breaks on your 2013 return, which was filed last year. Don’t feel bad. With today’s ultra-complicated tax rules, anyone can make a mistake ... is that you should not attempt ... read more
Richard Rysiewski answers your financial questions
If you become a victim of income tax identity theft, you should send the IRS a paper tax return with an attached Form 14039 and a police report. Your case will be assigned ... What forms do I need to correct this mistake? A. You need form 1040X. read more
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