Individuals can correct mistakes made on federal tax returns through the process of amending those returns. This week, our tax newsletter which is circulated to tax advisors and clients includes ten facts from the Internal Revenue Service about amending your federal tax return:
The facts you will learn include:
- When to amend a return
- When not to amend a return
- What forms to use
- Multiple amended returns
- Form 1040X
- Other forms or schedules
- Additional tax
- When to file
- Processing time
Click the above image or access the letter here.
Mr. Perkins has been practicing as a transactional attorney for over twenty-five years.
He is a principal shareholder in the firm and also a member of the faculty of the Graduate Tax Program of the Villanova Law School. Mr. Perkins has taken his knowledge of tax online and is the founder and president of YourOnlineProfessor.net, a Web-based provider of CPE credit for CPAs.
Areas of Expertise: Business Transactions, Real Estate, Estate Planning, Estate Administration, Tax Controversy, Commercial Litigation, Legal Malpractice, Accounting Malpractice, Orphans Court Representation Civil Appellate, Personal Injury
