5 Tax Planning Mistakes to Avoid

With Tax Day 2019 (April 15) approaching, our accountants in Central Missouri are here for you and any tax planning help you need. Wilson Toellner CPA is experienced and reliable. Our Mid-Missouri accountants are here to give you a few tax planning mistakes to avoid. If you have any tax-related questions or would like a consult form please call our accounting firm in Mid-Missouri nearest to you. We have four locations, one in Camdenton, Lake Ozark, Marshall, and Sedalia. You will find the phone numbers and specific location addresses all on our website at www.WTCPA.com.


5 Tax Planning Mistakes to Avoid


Not organizing your receipts.
By not organizing our receipts, there is a possibility that you could misplace one and therefore not being able to claim certain deductions you could be entitled to if you had such receipts. Keep all receipts in a safe place that you can easily access when you are ready to do your taxes, so you are able to claim the deductions you are eligible for.

Doing your taxes at the last minute.
By waiting till the last minute to do your taxes, you could run the risk of rushing and making a mistake that could be costly.

Misunderstanding specific tax forms.
If you have a question about the 1095 form or any other tax related form for that matter, you should consult with an experienced Mid Missouri accountant rather than guessing. Guessing can lead to mistakes and it makes much more sense to get it done right the first time by relying on a professional.

Forgetting to adhere to specific health care requirements.
Ask your accountant in Central Missouri about the legal healthcare requirements in regard to your taxes. If you have been claiming a tax credit over the last year, be sure to bring that to their attention.

Not choosing your professional Missouri Tax preparer wisely.
Do not fall prey to someone who is falsifying their accounting experience. Do your homework and check the credentials when choosing an accountant to do your taxes. Not doing so can be very consequential.


Avoid Tax Planning Mistakes with Wilson Toellner CPA


Tax planning mistakes should be avoided at all costs whether you are an individual doing your taxes or a business owner doing your business taxes. Our Mid Missouri tax preparers view every client relationship like a partnership, and truly believe that our success is a result of your success. There is no doubt that we are committed to providing close, personal attention to our clients. We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen. Our continual investment of time and resources in professional continuing education, state-of-the-art computer technology and extensive business relationships is indicative of our commitment to excellence. To learn more, please visit our website at www.WTCPA.com.


Our Success Stems From Your Success
For tax preparation services you can count on, call:


Sedalia -- (660) 827-4990
Marshall --  (660) 886-6815
Camdenton -- (573) 346-6822
Lake Ozark -- (573) 964-5739

Check out our website: www.WTCPA.com

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