Tax Tips and News

IRS Helps Small Employers Claim New Health Care Tax Credit; Forms and Additional Guidance Now Available on Small Business Health Care Tax Credit
The "What Ifs" of an Economic Downturn

File Amended Returns and Get Back Your Overpayments

According to the IRS, roughly 20% of all paper tax returns filed, and 1% of e-filed tax returns have errors on them. Furthermore, it is estimated that about half of returns filed with errors result in overstated tax liability. These figures are believed to be comparable to state tax returns as well.

The IRS, and many state jurisdictions, will refund amended tax returns for up to three years back. In these economic hard times, who couldn't use some found money? We will review any federal and/or state tax returns filed during the past three years for free. If you feel that a mistake or two could have been made on any of your returns, call us to schedule your free consultation. Many times a simple oversight can result in a substantial overpayment.