What are the most common tax errors people make?
What are the most common tax errors people make? I was thinking about this yesterday listening to the Stacking Benjamin’s podcast. The scenario that popped into my head was that people often misinterpret the gift tax and assume you have to pay taxes on an amount over $X in a year when the number is actually like $13.1M. Also, many people aren’t familiar with how marginal tax brackets work. Wh...