Tuesday, February 15, 2011

Are you paying the IRS too much money?

Here are some interesting facts I found on the Dave Ramsey site:

According to the U.S. Government
  • Over $1 billion is overpaid to the IRS
  • 2.2 million people overpay taxes
  • 61% of homeowners miss deductions
The IRS does make mistakes
  • Incorrectly accuses thousands of owing money
  • Mistakenly keeps an average of $438 of standard deductions

Research shows that a lot of those people overpaying the IRS are Americans who go to less-than-qualified tax professionals to get their taxes done.
So, my friends, please take the time to do your homework before deciding who gets to do your taxes.
Going to someone just because they do your taxes cheap may be costing you money in the long run


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