It is common for people who think they are getting refunds to file taxes from mid-February to mid-March. Taxpayers who know they are going to owe taxes often wait until the last minute, filing as close to April 15th as possible. However, taxpayers with complex investments, such as being a shareholder in an S Corporation, member of an LLC, or invest in limited partnerships usually have to go on extension because they are waiting on their K-1 documents.
No matter when taxpayers files, their preparers can make mistakes.
The most common mistake that tax preparers make are the transposition of number errors. This