3 Tax Mistakes You're Probably Making Today
You may not put a lot of thought into taxes until you sit down to file a return. But the truth is that the more strategic you are on the tax front, the more money you stand to save yourself. Here are a few common tax mistakes that are easy to fall victim to -- and that should you make every effort to avoid.
The standard deduction has gone up in recent years, which had led fewer filers to itemize on their tax returns. And if you're not itemizing, you generally don't need to retain receipts for charitable donations, medical expenses, or other deductible items, since taking the standard deduction doesn't require you to account for those costs.
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Source Fool.com
