Tax season is not over – it is just starting. As a “super strategist” I can’t emphasize enough that the biggest tax reduction opportunities start earlier in the year, NOT on April 15th. By then it is too late. Here are five things to think about now to get the best head start on reducing your taxes.
Now is a good time to see if you qualify for either of two college education tax credits or any of several other education-related tax benefits. In general, the American opportunity tax credit, lifetime learning credit, and tuition and fees deduction are available to taxpayers who pay qualifying expenses for an eligible student. Eligible students…
Avoiding the IRS? Is it Possible? Posted on February 23, 2011 It’s not a good idea. Don’t risk it. You’ve see the number of recognizable celebrities such as Red Foxx, and Wesley Snipes with thousands if not millions owed to the IRS. No one can fly under the radar. It’s not worth the risks involved. As…