Tax Filing Issues Have Jumped Greatly in 2019

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, CPA

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.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

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…

Untitled_Artwork copy 4

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.

Posted in
Jan Geldmacher, President of Sprint Business

Jan Geldmacher, President of Sprint Business

Interview Transcript, Jan Geldmacher, President of Sprint Business: Alan Olsen: I’m visiting here today with Jan Geldmacher. And Jan is currently the President of Sprint, Jan Geldmacher: Business, Alan Olsen: Sprint Business and telecommunications. And, and welcome. Jan Geldmacher: Thank you for having me. Alan Olsen: Jan for the listeners, can you give your background…

David Crane, President of Govern for California

David Crane, President of Govern for California

Interview Transcript, David Crane, President of Govern for California: Alan Olsen: Can you share a little about your background? David Crane: I was born and raised in Denver and graduated from public high school out there. I graduated from the University of Michigan and came out to California in 1977 to go into law school.…

Fed Lowers Interest Rate, Still Undecided on Future Cuts

Fed Lowers Interest Rate, Still Undecided on Future Cuts

Recently, it was reported; the Fed lowers interest rate, still undecided on future cuts.  Amid much disagreement and uncertainty, the Federal Reserve lowered the national lending interest rate to a target range of 1.75 percent to 2 percent last week. Although the move was highly anticipated, it didn’t come without criticism from both sides of…

Aaron Anderson

Aaron Anderson – Principal at Impact Venture Capital

Interview Transcript, Aaron Anderson, Principal at Impact Venture Capital: Alan Olsen: Aaron, in addition to having a very strong educational background, Harvard MBA and you’re working in venture capital. Can you tell us how you started off with your schooling?   Aaron Anderson: I was a double major at Brigham Young University studying political science…