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Saturday, February 1, 2014

Tax mistakes to avoid - WSJ article

A 1/31/14 Wall Street Journal article lists a lot of mistakes that can easily be made when filing your Form 1040 - "Don't Make These Tax Mistakes," by Laura Saunders. She also has a graph at the start on how large the federal tax law has become.

I encourage you to take a look - it's a good list.  And a good reminder of the growing complexity of our federal tax system.

Another reminder while we are in "tax season" is to be sure to carefully review your tax return to see if anything is missing or looks confusing or odd.  Even if you hire someone to prepare your return, you are responsible for what is (and is not) on it.

Good luck!

Excerpt from instructions for the 2013 Form 1040.

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