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These Errors On Your Tax Returns Could Impact Your Returns

Avoid record-keeping errors or risk overpaying at tax time according to Lucas Bucl, an Aspyre tax planning specialist who chimed in with his input for an article on TheStreet.

Lucas Bucl, a certified financial planner with Aspyre Wealth Partners, said taxpayers sometimes fail to report an estimated tax payment. “This is a common record-keeping error,” she said. “This can result in the overpayment of tax at filing time. The IRS or state tax authority usually catches it eventually, but it could take years to get the money returned.”

Learn how to avoid mistakes and maximize your tax savings, ensure accuracy in your tax filings and avoid penalties with the helpful tips in this article.

Read the full article on TheStreet.