Saving You Money
"If you bought a new car or leased a car or you happened to pick up an RV or boat or airplane, there are special provisions that allow you to take that over and above a general sales tax deduction," says C.J. Blankenship. "That is the most missed thing we've seen in the last year or so."
How do you know if you should itemize or take the standard deduction? Blankenship says if you either own a house and have a fair amount of interest, or if you make a lot of charitable donations, you should itemize.
Thursday, April 12 2012, 09:58 PM CDT
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