10 WAYS TO LOWER YOUR TAX BILL
06 FEB 2017

Posted by robbie Categories: Saving, TAXES Comments: Post closed for comments

  • BE WEARY OF TAX PREP COMPANIES WHO STATE THAT THEY WILL FILE FOR FREE (WILL HIT YOU WITH OTHER CHARGES). REFUND LOANS END MID TO LATE FEBRUARY (BE WEARY OF HIDDEN COSTS).
  • EARN TAX-FREE INCOME (INVEST IN BONDS, TUITION PLAN, HEALTH SAVINGS ACCOUNT, DEPENDENT CARE ASSISTANCE, ETC)
  • FLEX YOUR SPENDING POWER (UTILIZE EMPLOYER DEPENDENT CARE AND HEALTH SAVINGS ACCOUNTS)
  • PAY CHILD CARE BILLS WITH PRE-TAX DOLLARS.
  • TAKE ADVANTAGE OF HOME OFFICE DEDUCTIONS (MUST HAVE HOME OFFICE)
  • KEEP TRACK OF YOUR JOG-HUNTING EXPENSES (CAN TAKE ONLY IF YOU ITEMIZE)
  • GO GREEN (TAX CREDIT FOR HOMEOWNERS WHO HAVE INSTALLED ALTERNATIVE ENERGY EQUIPMENT IN THEIR HOMES)
  • BOOST YOUR 401(K) RETIREMENT SAVINGS.
  • BOOST YOUR 401(K) SAVINGS. MAXIMIZE YOUR IRA CONTRIBUTIONS. BUSINESS OWNERS CONTRIBUTE TO A TRADITIONAL IRA OR TO A SEP.
  • MAKE CHARITABLE CONTRIBUTIONS
  • THINK ABOUT NEXT YEAR – DO ADVANCE PLANNING (ESPECIALLY IF YOU HAVE MAJOR CHANGES; INCOME SIGNIFICANTLY INCREASE, PURCHASE A HOME, HAVE RENTAL PROPERTY, GET MARRIED/DIVORCED, SELL STOCK, ETC.)
  “FIRST CLASS SOLUTION SUITE” CONTACT RTW (info@rtwxxact.com or 216-533-6586)TODAY FOR ALL YOUR TAX AND BUSINESS NEEDS. REFUNDS FOR BOTH FEDERAL AND STATES TAKING PLACE NOW!!! DON’T WAIT, CALL OR EMAIL NOW.