Who you choose to hire to do your taxes can either save you money or make you pay more. Be careful to hire a tax specialist for any complicated tax returns. Our general tax deduction checklist will help you address any tax deductions that are owed to you.

Use this tax deduction checklist to help you get organized for your 2011 income tax return.

Overlooked Tax Deductions

Missed deductions can be very costly to your bottom-line. Every year CPAs must take continuing education courses to maintain their certification due to frequently changing tax laws. Keep an eye out for these 2012 deductions so that you may save money:

1. State tales tax
2. Student-Loan Interest paid my parents
3. Out-of-pocket charitable contributions
4. Moving Expenses for a job
5. Estate tax on income in respect of a decendent
6. Child-care credit
7. Travel expenses for military reservists
8. State tax paid last spring
9. Points paid for refinancing a house
10. Jury pay turned over to your employer
11. New vehicle sales tax deductions
12. Claim your work pay credit
13. American Opportunity Credit for college juniors and seniors
14. Causualty-loss deduction for nonitemizers
15. Credit for energy saving home impovements