| Waiting to the last minute to file your tax can cause | | | | employed health insurance premiums taken care of to |
| you to miss out on overlooked tax deductions for you | | | | some degree. If you pay dues to professional |
| or your small business. The rules are changing all the | | | | organizations or subscript to publications that are |
| time so may sure you can get the best deduction you | | | | related to your business then this too could help. So |
| can get. | | | | can the cost of a cell phone for business. See what |
| You have to understand that their are tax deductions | | | | you could be missing? |
| that you may never heard of that you can qualify for. | | | | There are even overlooked tax deductions that are |
| Too many people simply use the EZ forms the IRS | | | | related to property that individuals fail to get. Things like |
| supplies and fill it in and send it out not realizing that if | | | | personal property taxes on cars and boats. Your |
| they would have used the much longer version that | | | | moving expenses can also save you some cash. |
| they could have saved big money. some of the most | | | | Even the commissions to brokers or agents for the |
| commonly overlooked tax deductions can be found in | | | | sale of your home can be written off. Paying alimony? |
| your medical related needs. Things like eye glasses | | | | That too can give you a deduction. If you hire |
| and hearing aids or crutches, canes and orthopedic | | | | someone to do your taxes then include that too in |
| shoes can also be deducted. Even your alcohol and | | | | your deductions. Lose any money while gambling? |
| drug abuse treatment could be written off if you know | | | | Your gambling loses to the extent of your winnings |
| how to do this. But you did't get this because you did | | | | can help too. |
| your taxes at the last minute. | | | | Now do you see why it is not a good idea to wait to |
| Other common overlooked tax deductions are job | | | | the last minute to file your taxes. I know it is no fun but |
| related. Did you know you could get your union dues | | | | will all of the overlooked tax deductions out there you |
| deducted? Even the expense of searching for a job | | | | need to start early so you do not miss out on anything. |
| has some value or the tools you use at your job. How | | | | There are more out there than what was talked about |
| about for self employed people. You could get half of | | | | here so start researching now so when tax time |
| your self employment tax paid or have your self | | | | come around again you will be ready. |