Americans brace for tax season each spring, and each time we seem to be reminded of an uncomfortable truth. That is, the U.S. tax system is so complicated that many might be making mistakes or missing steps that are costing taxpayers.
Research shows that taxpayers are losing billions of dollars because of the difficulty in navigating the tax system, avoiding costly mistakes and claiming what they’re entitled to. The promising news is that with a few best practices, many Americans can save this tax season.
