You spent the year saving receipts and keeping records. Perhaps you have a nifty, color-coded file folder system to keep track of all your tax documents or an app on your phone that lets you scan in each document for safe keeping as soon as you open it.
You hire the best accountant or buy the best tax prep software. Or maybe you do both to run a nerdy, John Henry-esque battle between accountant and computer.
Guess what? You're still going to miss some deductions that could save you hundreds or even thousands of dollars on your tax bill.
Sure, the tax codes will be vastly different next year with the recently approved changes, but don't miss out on savings you can find this year. The codes are always changing, and deductions come and go. At the same time, your life changes just as fast: get married, have a kid, but a house or, God forbid, become disabled, and you have a whole new set of deductions to understand and consider.
We asked some of our favorite tax prep and finance pros for the most common deduction oversights they see among taxpayers. Their advice follows, and our hope is these deductions will be a little less overlooked come April 15.