As if the inclement weather isn’t enough to just ruin your day, you’ve just received your W-2 forms from your employer. Yes….Tax Time is here once again. Maybe some of you actually look forward to this time of year, anxious and eager to gather last year’s records, sharpen your Number 2 pencils, blow dust off that adding machine you’ve had since 1992 and get started with the number crunching.
For most of us, however, it’s a painful chore to itemize deductions, download Turbo Tax or schedule an appointment with H& R Block, only to discover you owe the IRS even more of your hard-earned dough. Let’s take a look back at 2014 and see if you can reap the benefits of your past generosity. [Read more…] about It’s Tax Time—Do You Have Enough Deductions?