Tag Archives: Kentucky

What Not To Do On Your Taxes According to Experts

Being careful is import when completing your taxes and this year should make you a little bit nervous if you are preparing your taxes yourself. Even professionals are making a lot of mistakes according to the Government Accountability Office.

In a study done in 2014, 10% of preparers did not calculate a normal tax return correctly. The final error rates for tax preparation according to the study was 50% for self-prepared returns and 60% for professionally prepared returns. Of course, the professionals more than likely handle the tough returns. Still, those are alarming numbers.

Some errors are obvious … Read more at 2011 Taxes.

Beware Of Identity Theft

Beware Of Identity Theft

Couple accused of stealing identities in order to receive over one million in tax refunds.

Authorities state that a couple are accused of stealing over five hundred and fifty identities from people in order to acquire one and a third million dollars in tax refunds in 2011.

Samantha Towns, 30, and Roma Sims, 34, have been arrested and will have hearings today in the United States District Court. The couple are being charged with identity theft, wire fraud and conspiracy.

Multiple victims are from the state of Kentucky and many claim their income from … Read more at 2011 Taxes.