Red Carpet Retirement™

Red Carpet Retirement™


Avoid CPA Mistakes: Why you Should Check your Tax Return (Ep. 23)

June 11, 2024

Avoid costly CPA mistakes on your current or next tax return!


Today on Red Carpet Retirement, Adam talks about common but unintended mistakes CPAs make. Our discussion isn’t about pointing fingers but rather about uncovering common oversights in the filing process, how they happen, and, most importantly, how you can avoid being caught by surprise with unnecessary tax hits.


Adam’s Key Takeaways: 



  • Ensure all 1099 forms, especially revisions, are communicated to your CPA to avoid overpayment
  • Be aware of Roth conversion reporting and ensure it’s reflected accurately to prevent unjust taxation
  • Qualified Charitable Distributions (QCDs) can be mistaken for taxable income if not reported correctly
  • Reviewing your tax return, or having a financial advisor review it, is crucial for catching and correcting any overlooked errors
  • And more

Make sure your path to a seamless retirement isn’t derailed by avoidable tax mishaps. Stay tuned for our next episode where Adam discusses some of the opportunities missed by CPAs.


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