Tax Filing Issues Have Jumped Greatly in 2019
Tax Filing Issues Have Jumped Greatly in 2019
Much of the news this tax-filing season has been about the changes in tax law, as well as the average refund amount. But there are other tax filing issues making news. In fact, that’s the exact problem. The 2019 tax season has been full of issues.
According to statistics from the IRS National Taxpayer Advocate, taxpayers are making way more mistakes on their returns than last year. In fact, common mistakes are up by 200 percent compared to 2018.
The good news is most of these mistakes are simple clerical issues. However, the bad news is the IRS still has to notify every taxpayer. And every taxpayer has to resolve each issue. That creates more work for the IRS, which creates a backlog of problems they have to resolve.
Although there are clerical mistakes to deal with every year, with a 200 percent increase this year, plus a delayed tax season due to the government shutdown, the increased issues in 2019 prevent the agency from processing tax returns faster.
If you have a refund coming, you’ll still get it. But if takes a little longer it just might be because IRS employees are extra busy correcting clerical errors.
Contact GROCO if you want to avoid clerical errors and other issues on your tax return. Leave it to the pros to get your return filed correctly the first time.
We hope you found this article about “Tax Filing Issues Have Jumped Greatly in 2019” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
The Most Valuable Items to Include In Your Garden
The most valuable items to include in your garden may surprise you. Gardens come in all shapes and sizes and can be very personal. Plus, with so many diverse fruits and vegetables, there is no end to what you can grow in your own personal garden. However, what kinds of things have the most value?…
The Top Meaningful Jobs That Also Pay Well
The Top Meaningful Jobs That Also Pay Well Most people want to find purpose in their life. Even the wealthiest of individuals typically come to realize that there is so much more to life than making money. After all, if you don’t have opportunities to enjoy your success, does it really matter how much money…
Increasing the Value of Your Business
Increasing the Value of Your Business This blog deals with the process of increasing business value from the perspective of a buyer of the business. The real value of a business is the amount for which it can be sold, but the maximum value is dependent not just on what a buyer will pay, but…
Seven Habits of Likeable Leaders
Seven Habits of Likeable Leaders What kind of leader are you? Your company is doing well and so are the teams and other executives that report to you. So of course, you’re a good leader. You know how to get things done and you do it. However, are you a likable leader? The business world…