3 With the end of the year just around the corner... many taxpayers are starting to look for ways to get the best bang for their buck, with tax deductions. But several key tax breaks are set to expire on December 31st. And as 2014 begins... those changes could cost YOU a pretty penny. Channel 4's Adrienne Moore explains what you need to know about your taxes... BEFORE January 1st.### 3 3 3 Joy and Kent - Congress COULD act to extend some of those tax breaks But experts say the savviest consumers will take advantage of those deductions NOW before it's too late. 3 00-0516-20GOING GOING GONE? CREDITS AND DEDUCTIONS BENEFITTING EVERYONE FROM TEACHERS TO HOMEOWNERS TO STUDENTS COULD BE PART OF A DISAPPEARING ACT AFTER THE FIRST OF THE YEAR PROMPTING TAX EXPERTS LIKE JOE KRIER TO ISSUE áTHISá ADVANCED WARNINGJoe Krier/Krier Wealth Management 01:54-02:06 AMONG THE BREAKS THAT COULD BE MISSED THE MOST? THE TUITION AND FEES CREDIT... WHICH ALLOWS YOU TO CLAIM UP TO 4- THOUSAND DOLLARS.05:01-19 ANOTHER DEDUCTION DOOZY? TEACHERS' EXPENSES...WHICH TYPICALLY GIVE YOU A 250- DOLLAR DEDUCTION FOR ANY OUT- OF-POCKET CLASSROOM PURCHASES. 05:58-06:02A BIG ONE FOR HOMEOWNERS - IS THE MORTGAGE DEBT FORGIVENESS CREDIT.FOR THE MORE CREDIT. FOR THE MORE THAN 6 MILLION AMERICANS WHO ARE STILL UPSIDE DOWN ON THEIR HOMES THE NEW YEAR COULD SPELL TROUBLE. 02:51-03:21 ANOTHER PAINFUL DEDUCTION RE-DUCTION COULD ALSO COME FOR THOSE WHO ARE UNEMPLOYED.06:39-58 Another thing to keep in mind for the upcoming tax season - a delay in WHEN you can start to file. The IRS says the 16-day government shutdown earlier this year resulted in a pile-up of more than 400-thousand documents. Which means instead of being able to file on January 21st you'll have to wait between January 28th and February 4th. Joy 3 Question: Adrienne, do we have any idea when Congress could make a final decision on extending any of the tax breaks you mentioned?Adrienne: Right now - it looks like Congress will take it up in mid-January but with so many issues on the table to vote on, it could be pushed back to a later time.