Friday, October 31, 2008

Taxes Can Be Scary: Part 7

Tax Fear # 7

Afraid I'll Miss Out on a Tax Break

I understand that when it comes to taxes, there are a lot of us out there who feel lost. We fear that if we try to file our tax return, not only will we overlook an error, but we fear that we will overlook tax breaks that we should be taking advantage of. Again, a reasonable fear but not a good reason to avoid filing your tax return.

You need to accept the fact that filing your tax return is going to take some homework. Before you start your return, be sure to check out the limitless publications available so you'll know exactly where this year's taxes might possibly trip you up. Again, you can also turn to tax preparation software or a tax pro for help in claiming all your possible tax breaks. Don't let fear take hold of you. The worst thing you can nothing.


Further Reading:
Tax Deductions

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