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02/11/2026    

FINANCIAL TIP OF THE DAY


6 Common Tax Mistakes to Avoid This Tax Season


 


To help you avoid a shock on filing day, here are six common ways you could be paying more income taxes than necessary.


 


2A. What should you do next year? Don't file out of habit. In a shifting tax policy environment, choosing whether you itemize or claim the standard deduction can change from year to year. Gather your property tax statements, mortgage interest summaries and receipts for donations and medical bills, and run the math on whether an itemized return could save you more on taxes.


 


Source: Kate Schubel, Kiplinger [1/31/26]
PICA


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