It’s Tax Time 

It’s tax time again and and with plenty of advice on how to maximize income tax deductions it’s easy to think that almost anything you spend money on during the year can be a potential deduction. Not so fast. TV5 spoke with PFBF CPA Sandra Keliher to get some tax tips that could keep you out of hot water. Keliher says avoid listing incorrect information, rounded numbers and deductions that are very large compared to your income. Three of the top expenses commonly listed on a return that shouldn’t be according to Keliher are hobby losses, costs of services to charity and commuting to work expenses.