We all know the famous, old saying by Ben Franklin, “In this world nothing can be said to be certain, except death and taxes.” We’ll I think he may have left out one thing. I think the saying should be, “In this world nothing can be said to be certain, except death, taxes and messing up your taxes.”
And why wouldn’t we mess a few things up? With the ever-changing tax code and just the general fallibility of humankind, we’re bound to slip up every once in a while. When counting our nickels and dimes. It may not be to hard to keep track of your taxes if you work a day job that handles it all for you, but for those that are self-employed, it’s a different story altogether. Here a few examples of the mistakes made by the self-employed.