Download
HTML Embed
HTML EMBED
Click to Copy

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace
Download
HTML Embed
HTML EMBED
Click to Copy
This Is Uncomfortable
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Missed “Marketplace” with Kai Ryssdal on air? Catch up here! Listen now

Tax tips from Nina Olson, America’s national taxpayer advocate

Nancy Marshall-Genzer Jul 30, 2019
Share Now on:
Tim Boyle/Getty Images

Tax tips from Nina Olson, America’s national taxpayer advocate

Nancy Marshall-Genzer Jul 30, 2019
Tim Boyle/Getty Images

As the national taxpayer advocate, Nina Olson’s job is to serve as the voice of the taxpayer inside the IRS. She is retiring Wednesday after 18 years on the job, and the Treasury Department has yet to appoint her successor.

I interviewed her recently and asked her for five tax tips, just off the top of her head. Here’s what she came up with:

  1. Don’t select a preparer based on the size of the refund s/he says s/he can get you.
  2. If you use a preparer, make sure the preparer puts his or her name, address and preparer tax identification number on the return and gives you a copy.
  3. Don’t make important personal or business decisions solely for tax reasons, but it’s often wise to consider tax implications as one factor among several.
  4. Review your return before filing it to catch and correct transcription errors like incorrect Social Security Numbers or math errors.
  5. If you think you can cheat on your taxes, well, my 44 years of experience working with people and taxes is that when you’re at the lowest point of your life, the IRS will find you. Who needs that hanging over your head?

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.