Should man or machine be your accountant? The old adage that you get what you pay for applies when hiring tax preparers as much as it does when buying tax preparation software.
There are lots of different kinds of cons happening during tax time. Some are happening to taxpayers, and some are being perpetrated by them.
These common tax preparation errors can cost you money or even lead to an audit by the IRS. Here's how to avoid them.
Most taxpayers concentrate on ways to reduce their taxable income, but they need to focus on adjusted gross income instead.
Be aware that many of these crucial financial documents are now delivered electronically.
While fewer than 1 percent of all tax returns are audited, there's no guarantee you won't appear on the IRS' radar. But there are ways to reduce the risk.
It pays to listen to the tax pros if you want a smooth and painless filing.
VIDEO ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Saving just a single month of expenses may take longer than you think. See how your savings rate affects how quickly you can build a solid emergency fund.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'