Learn about the process, time limit, and implications of filing an amended tax return, including state vs federal amendments ...
Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...
Taxes can be complicated, and it’s not uncommon to make a mistake on a tax return. The Internal Revenue Service recognizes this and allows taxpayers to amend their returns to correct errors they ...
Every year I must amend several clients’ returns that were previously filed for various reasons. This year as the Oct. 16 extension deadline for individual tax filing approaches, I am faced with a new ...
NEW YORK -- With income tax filing season behind them, many small business owners have gratefully gotten back to the more satisfying parts of running their companies. Some, however, have discovered ...
It’s not uncommon to make a mistake on your federal tax return or leave out important information such as a tax deduction or credit that you’re entitled to—but the IRS has a process that gives you a ...
What do I do if I've already mailed my federal tax return and discovered I failed to transfer my deduction for mortgage interest paid from line 10 of my Schedule A worksheet to my final Schedule A ...