Believe it or not, NOW is the time to begin preparing for tax season (We can hear your groaning from here!)

There are a slew of new, commonly overlooked and little-used deductions we want to make sure you know about. We want you to pay your fair share, but not one penny more!

So be sure to take advantage of as many deductions as you can. Read on for little-known tax deduction number one...

Next: #1: "Pleasure" Trips!