Tax Deductions Explained (and Common Ones You Could Claim)
by Catherine HilesContributorPart of being an American is looking toward Tax Day with either dread or anticipation. Will you have to cut a check to Uncle Sam, or will you get a plump refund? Tax deductions can tip the scales — a lot — meaning you’ll end up sending less money to the IRS.Read on to understand which common tax deductions you could claim when you file your tax return