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Tax Jan 2013 - "Commonly Overlooked Tax Deductions and Credits"

Tax Jan 2013 - "Commonly Overlooked Tax Deductions and Credits"

Tax Jan 2013 - "Commonly Overlooked Tax Deductions and Credits"

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Commonly Overlooked Tax Deductions and Credits



No one wants to pay more in taxes than required. But every year, taxpayers miss out on some common tax deductions and credits simply because they are not aware of them. Even people who use tax preparation software packages fail to take


advantage of these tax-saving items because they are too confusing to input or they are erroneously disqualified by the system. Bottom line: many Americans pay more in taxes than legally obligated. Don’t let this happen to you. As you work through this year’s tax return, be aware of the some of the most commonly overlooked tax deductions and credits.


 


 



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