Tax Slipups to Avoid

February 18, 2016

Among the common 12 tax trouble spots to avoid that are highlighted in Ingrid Case’s Feb. 18 Money article, " Tax Slipups to Avoid" is “picking the wrong work-related expenses.”  An example: W-2 wage earners who try to deduct work clothing.  Cari Weston, director of taxation for the American Institute of CPAs, is quoted:  “If you can use it outside work, you can’t deduct it.  The Armani suit is not deductible. The race-car suit is.”