Cut Your Taxes by Taking a Class

Wondering how to spend your tax return? If you paid someone to do your taxes this year, consider taking a tax preparation course so you can do the work yourself next time.

Tax preparation classes show people how to identify deductions and credits they're eligible for, and spot costly mistakes. There's no need to take a college-level course; H&R Block(HRB Quote), Jackson Hewitt(JTX Quote) and other firms offer classes that tell you all you need to know about taxes. Best of all: The cost of the course is deductible.

Here are five reasons to take a tax class before next year's filing season: ...