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TAX AUDITOR PROVIDES LIST OF TAXPAYERS' MOST COMMON FILING MISTAKES

 NEWPORT BEACH, Calif., Feb. 23 /PRNewswire/ -- Every year millions of taxpayers overpay their taxes by hundreds of millions of dollars because they make simple mistakes they can easily avoid, says tax auditor George Mariscal.
 Mariscal's firm, Tax Audit Protection Inc., has compiled from thousands of cases it has handled, a short list of the most common mistakes.
 "This list will help almost any taxpayer by identifying what he or she should be cautious about," says Mariscal, whose company provides pre-paid tax audit services. His list:
 -- Preparing Your Own Tax Returns. Don't Do It. Taxpayers may know more about their own businesses and finances, but they are not tax experts.
 -- Misinterpreting Filing Status. There are five categories and choosing the wrong one can be very costly and generate an audit.
 -- Misinterpreting Exemptions or Dependents. All claims in these categories must meet every requirement.
 -- Misinterpretation of Income. The basic law says that all income is taxable. If a taxpayer takes an exception to this rule be certain it can be supported with the law.
 -- Deduction Mistakes. This goes both ways. Millions of taxpayers pass up deductions they are entitled to and claim deductions that are not allowed.
 -- Simple Mathematic and Transportation Errors. Be careful when transferring numbers from one column to another. Recheck addition and subtraction. Then check it out.
 -- Getting the Wrong Advice. Don't take advice from well-meaning friends. Ignore the "everybody does it" claim. If a tax expert doesn't say it's true, it's probably not.
 -- Forgetting Required Forms. Omitting forms like Schedule A for reporting interest and dividends is easy to do. This will trigger an audit nearly every time.
 -- Overlooking Tax Credits. There are many credits that taxpayers never consider. An example: money spent for child care while the parents are at work.
 -- Representing Yourself at the Dreaded Audit. Just as you would never try to cut out your own appendix, don't try to represent yourself at a tax audit. Get an expert and save money almost every time.
 -0- 2/23/93
 /CONTACT: George Mariscal of Tax Audit Protection, 214-688-5959 or 800-325-2111/


CO: Tax Audit Protection ST: California IN: SU:

SM -- NYTFNS3 -- 9192 02/23/93 07:03 EST
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Date:Feb 23, 1993
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