However you work your taxes – the old-fashioned way, utilizing software packages or hiring a professional – it is more than worthwhile to be aware of the income tax deductions and credits which can save you money.
According to the Internal Revenue Service, the biggest claimed value comes from personal exemptions, which in 2005 came to [...]

Burden for preparers
Tax preparers may start being tougher in asking you to prove your entitlement to certain deductions. This is because a law was recently passed that requires these professionals to help weed out tax dodgers. This may result in increased paperwork and greater fees to some taxpayers since a longer amount of time will [...]