AFRAID TO FILE AN AMENDED RETURN?

When a person who has been operating a home-based
business for several years, finally learns about all the
great tax deductions available to HBB owners, I tell them
about their right to file Amended Returns (Form 1040X)
for the past three years to claim the deductions they missed.

That can result in a second refund for those tax returns,
quite often worth thousands dollars.

Filing Amended Returns does not increase your chances
of an audit, and the IRS does not review your entire tax
return a second time if you file an Amended Return. Yet
some people I coach are still worried that they may "stand
out" if the file the form 1040X.

Here's proof that you won’t be alone in filing a 1040X --

The IRS has issued a statement informing taxpayers that
they are so swamped with Amended Returns that it is taking
longer than usual 8 to 12 weeks to process them and to get
your additional refund back to you. They ask your patience
and say you should see your refund about 12 to 16 weeks
after you file the form.