Through deductions, American wage earners have the chance to pocket more income, rather than hand over their hard-earned cash to the government. For those who keep good records, deductions can mean more money - and less for the IRS. You probably know the most common deductions, such as deductions for property taxes and charitable donations, but there are related deductions you might be overlooking. Read on for some of the common fees and expenses you can deduct to reduce your tax bill.
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Added by Pete Taylor 3 on February 6, 2009 at 6:20pm —
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