taxes

Don't you dare deduct these expenses!

Taxes » Tax Deductions » Don't You Dare Deduct These Expenses!

Don't even think about it, but ...

Every tax-filing season, the great quest by filers is to find the most tax deductions. But there are some deductions you should steer clear of.

If you claim these wrong write-offs, you'll deduct expenses that don't meet Internal Revenue Service guidelines.

And that means you'll end up spending time with a tax auditor and paying more in taxes, penalties and interest.

Bankrate doesn't want that to happen to you, so we've put together this list of expenses you might be tempted to claim. Don't you dare!

But don't get too upset. We've also provided some related tax breaks that do pass IRS muster and will lower your tax bill.

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