Overlooked Tax Breaks
Though you have three years to file an amended return if you missed out on a money saving deduction, the best way to stay on top of changing tax codes is to look for a certified public accountant, enrolled agent or tax attorney who undergoes continuing education courses,†says Cindy Hockenberry, research coordinator for the Appleton, Wisc.-based National Association of Tax Professionals. If you choose to go it alone, here are some credits and deductions that are often overlooked.