Avoid Common Tax Filing Mistakes: Tips for Locum Professionals and Business Owners

Tax season is here and avoiding costly errors is crucial. Join Stephen Lee, a CPA specializing in locum medical professionals, as he discusses the most common tax filing mistakes and how to avoid them to ensure a smooth process for your 2024 income tax returns. Learn about the importance of choosing the right filing status, not missing tax deductions and credits, providing accurate personal and banking information, and filing at the right time. Stay organized and informed to maximize your tax return and minimize stress.

00:00 Introduction to Common Tax Filing Mistakes

00:49 Mistake #1: Choosing the Wrong Filing Status

03:14 Mistake #2: Missing Tax Deductions and Credits

05:49 Mistake #3: Incorrect Personal or Banking Information

07:41 Mistake #4: Filing Too Early or Too Late

09:32 Conclusion and Final Tips

IRS Tax Filing Assistant

https://www.irs.gov/help/ita

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The Locum CPA is hosted by Stephen Lee, a Certified Public Accountant and Certified Private Wealth Advisor®. On this channel, you will find strategic business advice related to locum tenens professionals. Topics to be covered will include how to set up and operate your locum tenens practice to maximize tax deductions, tax savings, pay quarterly estimated taxes and bring overall peace of mind when operating a locums practice.

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