14 tempting tax deductions you'd better not take
14 tempting tax deductions you'd better not take
No one wants to pay more in taxes than they have to. Fortunately, numerous deductions and credits can help lower your final tax bill.
However, don’t make the mistake of trying to claim one of the following 14 things. Why? Some of these deductions were wiped out by the Tax Cuts and Jobs Act of 2017. Others were never real deductions in the first place.
Claiming the following “deductions” could come back to haunt you if you are audited.
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