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Tax Preparation Tips And Reduction Ideas
To Save You Money!
Taxes, everybody loves to pay taxes…or not.
I love this quote by Judge Learned Hand:
“Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes and public duty to pay more than the law demands.”
This brief video course is designed to help you reduce your tax prep costs saving you money over time.
This video course is especially helpful for the self employed individual to help you identify several ways your routine expenses hold hands on a tax return to your advantage reducing your tax liabilities… if you know how to make these opportunities work together.
The informative content can be the conversation starter with your preparer giving you the questions to ask when you schedule for your tax reduction strategy meeting outside of tax prep time.
Do not wait for another tax year to pass you by where you pay more income taxes than you should because of inaction.
For example, if you fail to arrange your income annually wisely, and as a result you pay just $3,500 a year more in taxes than you should, you gave away $35,000 in the next ten years. Over a lifetime…you could have bought a house!
Taxes are an ongoing business expense every year. Reducing the cost of tax preparation and claiming all the deductions you are entitled too can help you keep more of your profit dollars for decades to come.
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