The IRS reminds taxpayers to wait until they have all of their tax documents to file their tax return each year. And to carefully review those records for any errors. As a tax attorney, I have seen numerous documents prepared with errors resulting in significant headaches to the taxpayers when the errors go unnoticed until after the tax return is filed.
Similarly, good recordkeeping is key in case you are ever audited. For more recommendations from the IRS, click here.