Heads Up on Jumping the Gun!

Feb 4, 2017

Tax season is currently under way and we remind you to please make sure you have received ALL tax documents for the year.

Today is February 4th and we've already had three folks who've called us telling us they "just got something in the mail" that they should've included on the taxes they already filed.

You can't just hold off and "wait to put it on with next year's" because each year stands alone and should be filed correctly and completely. There's a slim chance that IRS will catch the error before your return gets completely processed and make the proper adjustments, but the most likely scenario is that you'll get a letter from them in about 9-14 months notifying you of the error and asking for the extra tax, plus applicable penalty and interest.