“Also, make sure you sign your return before sending,” said financial advisor and professional tax preparer Rob Burnette of Outlook Financial Center. An unsigned tax return isn't valid, the IRS says.
"Just because they are advertising a low rate doesn't mean you'll be eligible," said Lori Gross, a financial adviser at Outlook Financial Center in Troy, Ohio. "You have introductory offers on cards which can be a way to get a low rate to begin with, but after 12-13 months your APR will jump."
“They will insist on cooperation with their request, and [say that] any noncompliance may result in a warrant being issued for your arrest, or other fines and penalties,” said Rob Burnette, professional tax preparer at Outlook Financial Center in Troy, Ohio.
“These funds receive an agreed-upon interest rate and are often laddered to mature over a specified time frame, allowing for preservation of capital with a rotating stream of income,” says Lori Gross, an investment advisor at Ohio-based Outlook Financial Center.
“Your reasons need to be outstanding, and relevant documentation and proof must be provided,” said Rob Burnette, professional tax preparer at Outlook Financial Center in Troy, Ohio.
“When it comes to low-risk investments, it all depends on your personality, risk tolerance, objectives and investment horizons,” says Lori Gross, lead investment advisor at Outlook Financial Center.