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Avoiding Tax Mistakes
We know. It feels like you work hard all year, just to have the government step in and take all your money away. But just because doing your taxes is inevitable doesn’t mean it has to be painful!
At least half of all people filing a return will make a mistake (not surprising, given how confusing the forms are.) The biggest error, says Bankrate.com? Not knowing what the new tax laws are. This year, look out for changes in hybrid vehicle credits, adoption credits and charitable contributions. Meanwhile, Bankrate has compiled a helpful list of the ten most common mistakes people make so that you can avoid them—and hopefully, end up with a little more money in your pocket after the tax man cometh. [Bankrate.com]