• YOU CAN DEDUCT STUDENT LOAN INTEREST EVEN IF YOU DID NOT PAY – AS LONG AS THE OBLIGATION EXIST

• DON’T MISS OUT ON EDUCATION CREDITS WHICH REDUCES YOUR TAX LIABILITY DOLLAR FOR DOLLAR

• TAX CREDITS ARE BETTER THAN TAX DEDUCTIONS AS THEY REDUCE DOLLAR FOR DOLLAR AND SOME ARE REFUNDABLE EVEN IF YOU DON’T HAVE A TAX LIABILITY – EXAMPLE “CHILD TAX CREDIT”

• UTILIZE YOUR EMPLOYER BEFORE TAX DEDUCTIONS LIKE MEDICAL, FLEXIBLE SPENDING, HEALTH SAVINGS TO REDUCE YOUR TAXABLE INCOME

• PAY YOURSELF NOT THE IRS – BE SMART ABOUT YOUR MONEY – FOR EXAMPLE “DON’T PAY $15K IN FEDERAL WITHHOLDING TO GET BACK $5K – UTILIZE YOUR EMPLOYER 401(K), CONTRIBUTE TO AN IRA. CLOSE TO RETIREMENT – CONVERT YOUR TRADITIONAL IRA’S TO ROTH’S SO YOU DON’T PAY TAXES WHEN THOSE MONIES ARE DISTRIBUTED.

CONTACT RTW TODAY FOR ALL YOUR TAX AND BUSINESS SOLUTIONS – MAKE YOUR DOLLAR LOOK LIKE FIVE!!!!!