The Best Tax Saving Strategies and Tips

The Best Tax Saving Strategies and Tips PDF Author: Scott Jefferys
Publisher: Dog Ear Publishing
ISBN: 9781457517143
Category : Business & Economics
Languages : en
Pages : 152

Get Book

Book Description
This book, The Best Tax Saving Strategies, and Tips, was written to help you keep your hard-earned money for your family or business, and not pay it all out in taxes. Throughout the book, you will find hundreds of strategies, real-life examples, and tips to lower your tax burden this year, next year, and every year. Each of the ten sections in this book allows the reader to find helpful answers to their particular tax situation quickly and easily. This easy-to-use book includes a variety of checklists to reference through the year to maximize deductions, minimize the chances of being audited by the IRS, and it includes tax planning strategies to help you keep as much of your money as possible. Filing taxes can be an overwhelming headache, but becoming familiar with the tax planning strategies in this book can help you become a proactive taxpayer and minimize your tax burden. Scott A Jefferys is a Certified Public Accountant, author, and entrepreneur, with a Master's Degree in Taxation. Scott is an expert in individual and business taxes, and has helped clients lower their taxes for over 25 years. For the last 19 years, he has managed his own growing CPA firm in Exton, Pennsylvania, specializing in accounting, tax planning, and consulting services for small businesses and middle to high-income individuals. Scott believes that small businesses are the lifeblood of our economy, and that the best way for a small business to grow is by keeping money in the business, not by paying too much in taxes. Not a week goes by without someone in his firm researching tax planning opportunities, and he wants to share this information and knowledge with everyone. Scott and his wife live in the suburbs of Philadelphia with their two children.

The Best Tax Saving Strategies and Tips

The Best Tax Saving Strategies and Tips PDF Author: Scott Jefferys
Publisher: Dog Ear Publishing
ISBN: 9781457517143
Category : Business & Economics
Languages : en
Pages : 152

Get Book

Book Description
This book, The Best Tax Saving Strategies, and Tips, was written to help you keep your hard-earned money for your family or business, and not pay it all out in taxes. Throughout the book, you will find hundreds of strategies, real-life examples, and tips to lower your tax burden this year, next year, and every year. Each of the ten sections in this book allows the reader to find helpful answers to their particular tax situation quickly and easily. This easy-to-use book includes a variety of checklists to reference through the year to maximize deductions, minimize the chances of being audited by the IRS, and it includes tax planning strategies to help you keep as much of your money as possible. Filing taxes can be an overwhelming headache, but becoming familiar with the tax planning strategies in this book can help you become a proactive taxpayer and minimize your tax burden. Scott A Jefferys is a Certified Public Accountant, author, and entrepreneur, with a Master's Degree in Taxation. Scott is an expert in individual and business taxes, and has helped clients lower their taxes for over 25 years. For the last 19 years, he has managed his own growing CPA firm in Exton, Pennsylvania, specializing in accounting, tax planning, and consulting services for small businesses and middle to high-income individuals. Scott believes that small businesses are the lifeblood of our economy, and that the best way for a small business to grow is by keeping money in the business, not by paying too much in taxes. Not a week goes by without someone in his firm researching tax planning opportunities, and he wants to share this information and knowledge with everyone. Scott and his wife live in the suburbs of Philadelphia with their two children.

The Book on Tax Strategies for the Savvy Real Estate Investor

The Book on Tax Strategies for the Savvy Real Estate Investor PDF Author: Amanda Han
Publisher: Biggerpockets Publishing, LLC
ISBN: 9780990711766
Category : Business & Economics
Languages : en
Pages : 191

Get Book

Book Description
Taxes! Boring and irritating, right? Perhaps. But if you want to succeed in real estate, your tax strategy will play a HUGE role in how fast you grow. A great tax strategy can save you thousands of dollars a year - and a bad strategy could land you in legal trouble. That's why BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor! To help you deduct more, invest smarter, and pay far less to the IRS!

Tax Strategies for Everyone

Tax Strategies for Everyone PDF Author: Eric Freeman, CPA, MACC
Publisher: RDA Press LLC
ISBN:
Category : Business & Economics
Languages : en
Pages : 146

Get Book

Book Description
ARE YOU PAYING TOO MUCH IN TAXES? Every year, millions of Americans pay more taxes than they should. Are you one of them? It’s time to stop overpaying and start taking control of your tax bill. In easy-to-understand language, Tax Strategies for Everyone shares expert secrets for minimizing taxes. You’ll discover: • The most common tax traps and how to avoid them • How to use tax credits to lower your taxable income • Why starting a part-time side business is a great way to lower your tax bill • Tips for turning personal expenses into business deductions • How you can transform your home into a tax shelter (and make millions tax-free by moving) • What to do—and what not to do—if you’re audited by the IRS • Smart ideas to boost retirement income—and pay zero taxes • The best ways to transfer wealth to your loved ones without triggering income or estate taxes Tax breaks aren’t just for the rich. Whether you’re an employee, a freelancer, or a business owner, there are plenty of tactics you can use to minimize taxes legally and ethically. Packed with expert tips and tricks, Tax Strategies for Everyone will help you lower your tax bill so you can keep more of your hard-earned money.

Saving On Tax

Saving On Tax PDF Author: Dusty Smietana
Publisher:
ISBN:
Category :
Languages : en
Pages : 44

Get Book

Book Description
As the famous saying goes ' A penny saved is a penny earned '. Tax planning is one of the ways which can help you save on taxes and increase your income. The income tax act provides deductions for various investments, savings, and expenditures incurred by the taxpayer in a particular financial year. The author will help free you from a crushing tax burden with his best practices for smarter tax filing. In this book, he simplifies taxes to save you as much money as possible. Many tax education books are reactive; this book is for forwarding thinkers and planners. It will help you design a plan to save money on your taxes without requiring major lifestyle changes. Based on over twenty years of experience in managing both personal and organizational budgets, he brings clarity and strategy to your taxes.

Tax Strategies for High Net-Worth Individuals

Tax Strategies for High Net-Worth Individuals PDF Author: Adil Mackwani
Publisher:
ISBN: 9781734792621
Category :
Languages : en
Pages :

Get Book

Book Description
This book contains strategies to Save Money, Invest, and Reduce Taxes. Such strategies include opening a SEP IRA, contributing to your 401K, maximizing Life Insurance and many more. It is intended to help all incomes levels but in particular people of? High Net-worth such as Business Owners, Doctors,? and Lawyers. The book contains strategies that could help your overall Financial Plan after consulting with a fiduciary professional.

101 Tax Saving Ideas

101 Tax Saving Ideas PDF Author: Julie Runtz Welch
Publisher:
ISBN:
Category : Finance, Personal
Languages : en
Pages : 0

Get Book

Book Description
We wrote this book with three goals in mind. First, to help you reduce your taxes. Many people pay too much tax because they do not know how to reduce their tax. This book shows you how to plan. It is not designed to tell you everything about tax. Rather, it is a collection of the advice we give that saves the most money and helps the most people. Second, to write a book on tax you can understand. This book explains in easy-to-read language 101 ideas for reducing your taxes. The ideas are short and straightforward. Numerous examples explain the ideas. We have found that when you understand an idea, it is easier to implement. Third, to alert you to current tax planning opportunities. The tax laws are constantly changing. We include in this book some of the best tax saving ideas under the current law to help you increase your awareness of the newest strategies. In this eleventh edition, we have revised many of the 101 ideas to reflect current strategies as a result of the Tax Cuts and Jobs Act, the 2020 Covid relief bills, the American Rescue Plan Act, the Inflation Reduction Act, and other recent tax legislation. We included information on many recent changes such as tax rates, "Kiddie Tax" rules, and qualified business income tax deductions. We have again added chapters on recent tax law changes and proposed legislation to give you an idea of what Congress has done and plans to do. We have also included Appendix C, which explains how to look up answers for yourself; Appendix D, which provides a planning checklist; Appendix E, which provides a summary of education incentives; Appendix F, which provides a summary of retirement plan alternatives; Appendix G, which provides a capital gains chart; and Appendix H, which helps you determine if you can claim someone as a dependent. By using this book, you will be more aware of tax planning opportunities. If you find that an idea might work for you, you can research it further using the references in Appendix B. If you use an adviser, you will be a better participant in the planning process. You can mention the strategy and references to your adviser and implement the idea together. Many of the provisions in the Tax Cuts and Jobs Act expire December 31, 2025. Thus, multi-tax year planning is critical.--Publisher.

78 Tax Tips For Canadians For Dummies

78 Tax Tips For Canadians For Dummies PDF Author: Christie Henderson
Publisher: John Wiley & Sons
ISBN: 0470677694
Category : Business & Economics
Languages : en
Pages : 392

Get Book

Book Description
Compiled by an expert team of accountants, 78 Tax Tips For Canadians For Dummies offers practical tax planning strategies. These individual tips offer straightforward advice and insight that will save readers aggravation and money.

Tax Planning Strategies

Tax Planning Strategies PDF Author: CCH Tax Law Editors
Publisher:
ISBN: 9780808013518
Category : Business & Economics
Languages : en
Pages : 172

Get Book

Book Description
Tax Planning Strategies: Tax Savings Opportunities for Individuals and Families (2005-2006)-formerly published as Year-End Tax Strategies-Is ideal for gaining a clear understanding of many tax planning approaches and techniques that may yield substantial tax savings for individuals. This helpful booklet focuses on the income tax issues that need to be addressed throughout the year, as well as retirement and estate planning strategies.

Tax Savvy for Small Business

Tax Savvy for Small Business PDF Author: Frederick W. Daily
Publisher: NOLO
ISBN: 9780873377188
Category : Business & Economics
Languages : en
Pages : 396

Get Book

Book Description
Despite popular opinion, it is possible to run a profitable, honest business while minimizing taxes and staying out of legal trouble. Tax Savvy for Small Business helps readers do just that, detailing year-round tax-saving strategies for: -- claiming all legitimate deductions -- maximizing fringe benefits -- keeping accurate records -- documenting expenses -- surviving an audit The 5th edition provides the most current IRS rules, the latest tax codes and a new chapter of "Frequently Asked Questions."

Tax Planning Strategies

Tax Planning Strategies PDF Author: CCH Editorial Staff Publication
Publisher: CCH
ISBN: 9780808016991
Category : Business & Economics
Languages : en
Pages : 188

Get Book

Book Description
Major new tax laws aimed at boosting the economy, addressing rising health care costs and providing tax relief have created numerous tax planning opportunities-and challenges. Tax rates and other changes that phase in and phase out between now and 2010 make mid- and long-term financial planning difficult and more tax-driven than ever before. Sound tax guidance and planning is essential to maximize many of the available tax benefits and avoid tax pitfalls.