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Tax breaks 101

If you bought a home or a new car, gave to charity or went back to school, there’s a write-off for you

Baltimore Sun, by Eileen Ambrose

This may be the tax season where even die-hard do-it-yourselfers break down and hire a preparer or at the very least invest in some tax software.

Taxes are more complicated than usual with all the new deductions and credits created last year to stimulate the economy. And in some instances, Congress went back to revise and expand the tax breaks. The popular home buyer credit, for instance, is on its third version.


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