The Most Common Tax Filing Mistakes That Could Cost You Big This Season
Justin Henderson • January 27, 2025
Tax season is here, and millions of Americans are preparing to file. Are you confident you’re doing everything right, or could costly mistakes be standing between you and your maximum refund?
Avoid These Costly Tax Filing Mistakes
Mistakes are common when filing taxes, especially when the rules seem to change every year. Here are the top pitfalls to watch for:
- Missing Out on Deductions and Credits:
Did you know there are valuable deductions for home office expenses, education, childcare, and more? Many taxpayers overlook these, leaving money on the table. - Rushing the Filing Process:
While it’s tempting to file as early as possible, rushing can lead to errors. Taking time to organize your documents ensures your return is accurate. - Failing to Review Filing Status:
Choosing the wrong status, such as "single" instead of "head of household," can significantly impact your refund or tax bill. - Not Keeping Up with Tax Law Changes:
Each year brings adjustments to tax laws, from updated income brackets to new deductions. Being unaware of these changes can cost you.
File Taxes With Confidence
Partnering with the right professionals can make all the difference. At Tax Resolution Accounting, we take the stress out of tax season. Our team ensures every credit, deduction, and opportunity is explored, so you don’t leave money behind.
Your Tax Refund Matters
For many families, a tax refund is more than just a financial boost—it’s an opportunity to catch up on bills, pay down debt, or save for the future. By avoiding mistakes and filing with a trusted team, you can ensure your refund works for you.
Big changes could be coming: Virginia’s 2025 budget proposes major tax relief. Learn how it may benefit you. Tax Resolution Accounting is your local guide.
As many taxpayers have already noticed, the IRS is facing significant staffing shortages in 2025, causing delays in tax return processing, refunds, and communication. While frustration is understandable, it's important to approach this season with wisdom and perseverance.
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