2. Maximize Your Tax Deductions

Unless you know a lot about income taxes, there's a chance that you'll miss deductions if you file your own return. Professional tax preparers or accountants are highly familiar with deductions available to you. They can bring commonly overlooked deductions to your attention, thus reducing your taxable income and getting you a bigger refund. Use your tax refund to pay down credit card debt, increase your savings, make home improvements or take a vacation.

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