Each year, the IRS releases a list of the most common mistakes people
make on their returns. The “oops” that occurs most often is forgetting
to write down one's Social Security number, but the most costly mistake is overlooking certain tax deductions. Check out this list of money-savers.
A recent study by the Tax Foundation, a Washington-based tax policy
group that fights for a simpler tax code, listed the states with the
highest and lowest taxes. It turns out, New York, New Jersey and
Connecticut are the three most expensive states to reside because of the
high state and local taxes.