Tax Tip: Deductions You May Not Know About, With so many tax deductions available, it's easy to miss a few when filing your return.
New York-based tax accountant Janice Hayman says one of the most frequently overlooked deductions involves "people forgetting to report state taxes that they’ve paid.”
Hayman said those taxes are deductible on your federal return.
"Also, we have different property taxes," Hayman added. "They may not think of tax paid on land outside of their main home.Read More
New York-based tax accountant Janice Hayman says one of the most frequently overlooked deductions involves "people forgetting to report state taxes that they’ve paid.”Hayman said those taxes are deductible on your federal return.
"Also, we have different property taxes," Hayman added. "They may not think of tax paid on land outside of their main home.Read More