Blooper reel: Tiny but important mistakes on returns
Accounting Today
Accounting Today, an Arizent brand, is the independent news and information resource for tax and accounting professional
Tax practitioners share a half dozen of the small errors they have seen on returns, and more of today’s top stories.
Sign up here to receive Accounting Today's Daily Newsletter — delivered to your inbox every morning.
Blooper reel: Tiny but important mistakes on returns
"A small error in a Social Security Number can delay if not stop a refund from being issued. A bank account error will delay refunds for a long time.”
In other news today:
IRS distributed most Child Tax Credit payments correctly, but millions missed out
The vast majority of advance payments of the CTC went to eligible families, but millions of taxpayers who should have received the money did not, while millions of others who didn't qualify got them.
Moss Adams to expand in Dallas
The West Coast powerhouse will merge in Kurtz & Co. in December.
U.S. No. 1 target for ransomware
A recent analysis has found that the United States suffers more ransomware attacks than any other country.
Wall Street firms settle with SEC over electronic recordkeeping failures
The Securities and Exchange Commission has reached a settlement with 16 Wall Street firms over failures to maintain and preserve electronic communications.
Massachusetts Society of CPAs announces 2022 Women to Watch Awards
A panel of judges selected seven female leaders based on their contributions to their firm, clients and community, as well as the accounting profession.