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Anyone can make a mistake.
But mistakes you make on your federal tax return can hurt you big time.
You see, if the IRS picks up your errors, you may have to pay stiff penalties, increased interest accruals, and face other painful problems.
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Good news. The IRS gives you a do-over!
That’s right.
If you follow the rules, the IRS gives you two ways to undo your mistakes and stay out of serious trouble. Here’s how…
File a superseding return. It’s an amended or corrected return filed on or before the original or extended due date.
File a qualified amended return. It’s an amended return that you file after the due date of the return.
Now, before your eyes glaze over because this sounds complicated, don’t worry.
The Tax Reduction Letter has your back.
We’ll explain in easy-to-understand language, how to put these do-over options to work for you.
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