5 Tax Myths No One Should be Fooled

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Taxes are a serious topic and you NEED to be switched on when dealing with them. some people are fooled by ridiculous myths concerning taxes. This can get you into some real hot water if you aren’t careful! The use of good accountants and experts in tax preparation can help a lot with this. These professionals are a lot more versed in the tax code than you are and can save you some money without the risk associated with the following myths.

1. All Taxes Can be Paid at Once
2. Cash Payments Can’t be Traced for Tax Purposes
3. I Only Have to Report What’s Been Asked For
4. I Can Claim Anything as a Business Expense
5. Instead of Payment, I Can File an Extension

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