1. Contribute to your employer's 401(k)The easiest way to reduce the amount of your taxable income is to contribute the maximum to your 401(k) or there tax deferred savings plan. This process is simp...
It comes upon the time when you should get your tax information ready to either do your taxes yourself or hand them to your accountant. A lot of home business owners are clueless as to what paperwork ...
Most Americans aren't rich, and we are usually too busy working to keep abreast of all the tax law changes that Congress decides to make every year. So, here are some great tax breaks for regular folk...
Learning how to find overlooked tax deductions and credits can reap you a bundle of money at tax time.Why do some people always seem to get a bigger tax refund than others? What if there was an easy w...
As April 15th draws every closer, it is time to start thinking about how you are going to reduce your tax bill. Here are a couple of ways most people miss out.Every year, the IRS tries to alert people...
Most small business owners have heard that they're supposed to get special tax breaks. The problem is, they don't know what they are or how to go about claiming them. Not surprisingly, the IRS doesn't...
If you're afraid of IRS, you probably have reason to be. People who seriously consider their financial resources, keep good records of expenses, and manage their money wisely understand the value of u...
Question: I went to New York from the West Coast to attend an ASMP members' meeting and photography seminar last spring. I'm pretty sure that I'm entitled to claim some deductions. But what sorts of ...
Tax benefits change year to year but there are always some deductions for students and their parents. We are not income tax experts, please check with your tax professional before filing. This article...
Arithmetic in grammar school and algebra in high school never appealed to me. But when I discovered later on in life that I could save hundreds of dollars every year, I soon became fascinated by mathe...