English-German online dictionary developed to help you share your knowledge with others.More information! Contains translations by TU Chemnitz and Mr Honey's Business Dictionary (German-English). Thanks on that account! Links to this dictionary or to single translations are very welcome! Questions and Answers.nglish-German online dictionary developed to help you share your knowledge with others.
Concerning partnerships and corporations, when the CPA does not prepare the balance sheet, errors often occur. Typical business tax return errors include deductions for non-deductible insurances, as well as for automobile improvements and equipment, rather than capitalization of the asset.
Understanding what the penalties are for and what your options are for correcting a mistake can help you avoid the fees when tax season comes around. 1  1. Contributing over your limit, otherwise eligible: 6% Excise Tax. 2  3. Using HSA funds on non-qualified medical expenses: 20% fine + applicable income tax.