Most Americans find tax filing to be a tedious and daunting task, which is why it is no surprise that many postpone filing until the last minute. According to the Internal Revenue Service, 20 to 25 percent of Americans choose to file during the last weeks before the deadline. Although there is nothing inherently wrong with this, procrastinating often leads to mistakes and therefore higher costs and possible delays in the receipt of any expected tax refund.
The biggest problems in filing tax returns are usually easily preventable, but are overlooked by rushed and careless filers. This year, make sure you do not make that mistake. Here is a list of what you need to watch out for: