10 Often Overlooked Tax Deductions

Updated
Tax preparer working with a client
Tax preparer working with a client

This story was corrected on January 31, 2011.

In life, you can't win the game if you don't know all the rules, and paying your taxes is no different. Every tax deduction or tax credit that you miss means more money out of your pocket and into Uncle Sam's.

But our tax code is so complex -- it is 70,000 pages, after all -- that even IRS Commissioner Doug Shulman admits he hires someone to help do his taxes. So personal finance experts Ken and Daria Dolan of Dolans.com are here to make sure you don't miss out on these 10 commonly overlooked tax deductions.

We all should pay our fair share...but let's make sure you don't pay one penny more!

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