Billions of dollars are left behind every year by people who prepare their own taxes, often because they fail to take advantage of all the tax deductions available to them. While I believe that most of us can do our own taxes and not leave our money on the table, it’s imperative to prepare now for the tax return deadline which is April 18th this year (the 15th is a Friday and this year’s deadline has been extended to Monday the 18th). In Maine and Massachusetts it’s the 19th due to Patriots day.
To help you with your 2015 tax returns, don’t skip this important list. While I’m not a tax professional, you can always research these and other tax deductions at IRS.gov. Remember, if you have difficulty or your return is more complex than you can handle, see an accountant or check out the many free options either online or in your own community.Continue reading“33 Most Overlooked Tax Deductions You Need to Know”