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6 Tax Terrors and How to Overcome Them

Posted: Sun Mar 17, 2013 7:00 pm
by AYHJA
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Admit it. You're afraid of your Form 1040 or any other tax forms. That's OK. A lot of us are. And our tax fears, sometimes irrational, sometimes warranted, cause us to do a lot of dumb things when it comes to our annual returns.

Some people put off filing, some don't file at all. Neither of those choices is a wise tax move.

But fear doesn't have to paralyze you. Here are six common tax terrors. Some are real. Some aren't nearly as terrifying as you might think.

1. Afraid I can't do my taxes myself
2. Afraid I'll overlook a tax break
3. Afraid I'll make a mistake that will cost me money
4. Afraid that my tax adviser is incompetent or a crook
5. Afraid I'll get audited
6. Afraid to file because I can't pay

More/Source: http://goo.gl/28OeX