When I first started in business, and still worked for “the man,” I learned that record keeping is sexy.
Yea, I know…it doesn’t sound sexy. Truth is, something as simple as a mileage log translates directly into saved money and saved time.
Good records save you money because they make deductions possible (read: pay less tax).
They save you time because having them keeps Uncle Sam…
The first two installments of this series defined deductions and credits, and looked at non-refundable tax credits. And with what we’ve covered so far, it’s easy to see how thoughtful planning, self-improvement and a good accountant can reduce – or even eliminate – your tax bill.
Today, let’s take a closer look at refundable tax credits.
In…
In our last article, we looked at the difference between credits and deductions and showed why credits are better.
We also promised to tell you about nonrefundable tax credits. These credits are useful, but they’re not the best. Stick around for our last article in this series on refundable tax credits that show you how to really put some of Uncle Sam’s money in your pocket…
Everyone wants to get money back at tax time – even me, and I’m a tax guy.
Part of the problem – a hurdle to get over – is getting a handle on how taxes work. We’re going to start getting over that hurdle in this three part article series.
In this first instalment, we’ll look at the meaning
Learn How to Pay Less Taxes in 3 Easy Steps
Every year, taxpayers ask that burning questions: "How can I pay less tax and get the biggest refund ever?" As they stare that almighty tax form right in its black and white face and try to figure out where they can reduce the amount of their tax liability, theyIncome tax time can be very scary. Fortunately, you can eliminate the fear and maximize your refund with a few simple strategies. Strategies for you Now Whether you're filing as an individual or a small business, it's important to take advantage of these strategies. Speak with a tax pro to explore the complete
