8 Costly Tax Mistakes You Should Avoid This Year

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4. Falling behind on the latest tax news

If one thing is certain is that tax code is really difficult and Congress doesn’t make things easier for us, because every tax year comes with little changes. Tax reform at the end of 2017 was the largest overhaul of the tax code in 30 years. No doubt that the amount of change is so overwhelming.

Make sure to consult the IRS news page for important updates so you don’t miss out on valuable deductions and credits or attempt to claim a tax benefit that no longer exists. So, staying up-to-date is the best thing to do.

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