April 15 –tax day – isn’t all that far away, and a lot of taxpayers are not sure how the recent action (or inaction) by Congress affects this year’s tax return. Not to worry, says master tax advisor Mary VanDersarl, who has been doing taxes for H&R Block for 25 years. But there are some changes to the 2017 tax code, so do your homework before filing.
Millions of Americans save money by doing their own taxes, and if the job is simple, that’s fine, she says. The online tax options are often easy for those with a basic return. But even simple returns can have costly mistakes. “We see errors to the good and to the bad,” she says. “We see people taking deductions they’re not entitled to, and people not taking deductions they should.”
For some tips from a tax preparer who has seen it all, visit our sister site, Living on the Cheap.