April 9, 2020

Optima Tax Relief provides assistance to individuals struggling with unmanageable IRS tax burdens. To assess your tax situation and determine if you qualify for tax relief, contact us for a free consultation.

  • When reviewing your tax return, double-check that all income you received has been properly reported.
  • Ensure your name, social security number, and your accounting and routing number are accurate.
  • If your tax return is missing or contains inaccurate information after you signed off on it and it has already been filed, you may need to get it amended.

If you are getting ready to file your taxes, it is important to understand that as a taxpayer, you are fully liable for the information placed on your tax return once you sign off on the dotted line. Although you may have gone to a tax preparer to file on your behalf, it is still your responsibility to ensure that everything adds up correctly and that the information entered is accurate. Should you fail to do so, you could potentially face consequences with the IRS down the road. 

Here are a few ways to make sure that your tax return is accurate before sending it off to the IRS:

Double-check that all your information is on your tax return. Do not just sign off on a completed tax return, take the time to actually review the information that has been placed on it. If there is any information that is missing, especially your income, you could run into some issues with the IRS and it may also cost you more money. When reviewing your tax return, double-check that all income you received has been properly reported. You can double-check the amounts by reviewing your W2 or 1099 forms provided to you by your current or past employers. 

Look for incorrect information. Something else that you should check before signing off on your tax return is if your name, social security number, and your accounting and routing number are accurate. Ensuring that all your information is correct on your tax return will help you avoid any delays in your tax return and allow you to get your tax refund as quickly as possible.

Avoid having to have your tax return amended. If you realize your tax return is missing or contains inaccurate information after you signed off on it and it has already been filed, you may need to get it amended. In order to avoid raising any red flags with the IRS, make sure that you’ve provided all tax relevant information to your preparer so they can include it on your return. In the event that you fail to provide certain information to your tax preparer, you will need to request that the tax preparer amend your tax return to include the missing information. This will not only cost you more money but also your time.    

If you need tax help, contact us for a free consultation.