Filing taxes can be stressful, and mistakes are common. At Adonac LLC Financial Services, we see clients make similar errors year after year. Avoid these pitfalls to save time, money, and stress.

Common Mistakes:

1. Missing deadlines – File on time to avoid penalties.

2. Incorrect Social Security numbers – Double-check all entries.

3. Misreporting income – Include all W-2s, 1099s, and self-employment income.

4. Forgetting deductions – Keep track of eligible deductions like education, medical, and charitable contributions.

5. Failing to claim credits – Tax credits can significantly reduce your liability.

6. Ignoring state taxes – Federal and state taxes must both be considered.

7. Not e-filing – E-filing is faster, safer, and more accurate.

8. Not consulting professionals – A tax expert can catch mistakes and plan for the future.

9. Overlooking prior-year errors – Amend returns if necessary.

10. Mismanaging estimated taxes – Stay ahead of quarterly payments if self-employed.

Conclusion:
Working with a professional tax service like Adonac LLC can simplify your taxes and maximize refunds while ensuring compliance.