NEW YORK–(BUSINESS WIRE)– St. Patrick’s Day is the holiday of all things green, but how can you increase your chances of having more green to line your pockets? When preparing taxes, both deductions and tax credits can make a significant impact in reducing or offsetting taxes owed. Wolters Kluwer Tax & Accounting outlines the top dozen tax deductions and credits to maximize your tax refund.
“Taxpayers who take the time to research their options may find that they qualify for more tax deductions or credits than they thought,” said Mark Luscombe, JD, LL.M, CPA and Principal Federal Tax Analyst for Wolters Kluwer Tax & Accounting. “If you think there’s even a slight chance that you may or may not be eligible for a specific benefit, it’s a good idea to consult with a tax professional who can add clarity and identify other potential tax breaks for you on your 2018 tax return.” Read More