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Tax filing in 2014: 7 new rules and 9 wacky deductions

Source: csmonitor.com - Apr 1, 2014

Tax season is here, so it's time to ensure you're ready to get the most out of your filing. We're here to help you navigate the new rules for 2014 and alert you to some strange, wacky, but wonderful deductions you probably had no idea existed. When January 31 (the first day to file taxes this year) rolls around, you'll be ready – with education and pet moving deductions in tow.
1. Higher income means higher taxes

The 2014 tax refund season starts at the end of January, but just because you’ll be filing your 2013 refund doesn’t mean your tax process will be the same as last year. This year has brought a variety of changes, especially if you have a higher income and/or are filing medical expenses.

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Category: IRS