When Do You Need to Amend Your Business’s Tax Return?

June 19, 2015 by OSYB Staff

To figure out if amending your return is worth it, do a quick calculation to check how much of a refund you’ll get. Remember, deductions reduce your overall taxable income whereas credits reduce your tax liability dollar-for-dollar. Don’t forget that you’ll need to amend your state return as well. Read more here.