Get year-round insight on reducing tax burdens
This book walks you through the best strategies for reducing your personal tax burden and keeping more dollars in your pocket. If you plan and manage your finances all year round, tax season can be a cakewalk. Reducing Your Taxes For Dummies offers tips on maximizing your deductions, minimizing your income tax, and hunting for breaks on investment, real estate, and business income tax. Written by Dummies financial guru Eric Tyson (Personal Finance For Dummies, Taxes For Dummies), this guide explains tax basics, savings plans, retirement accounts, and myriad ideas for reducing your personal tax burden.
- Understand filing status, child tax credits, alternative minimum tax, IRS audits, and beyond
- Avoid common tax mistakes and identify all your possible deductions
- Plan and invest in a tax-wise way throughout the year
- Make the most of your retirement accounts and savings plans
Keep your hard-earned cash with Reducing Your Taxes For Dummies. It’s full of year-round opportunities for reducing your tax burden and paying less in taxes each year.
Daftar Isi
Introduction 1
Part 1: Tax Reduction Basics 5
Chapter 1: Understanding the Taxes You Pay 7
Chapter 2: Trimming Your Taxes 17
Part 2: Personal Finance and Taxes 33
Chapter 3: Making Tax-Wise Personal Finance Decisions 35
Chapter 4: Maximizing Your Retirement Account 49
Chapter 5: Children and Taxes 75
Chapter 6: Reducing Estate Taxes 93
Part 3: Your Investments and Taxes 107
Chapter 7: Minimizing Your Taxes When Investing 109
Chapter 8: Understanding Your Investment Choices 133
Chapter 9: Investing in Funds 151
Part 4: Small Business Tax Reduction 171
Chapter 10: Small Business Taxes 101 173
Chapter 11: Choosing Your Business Entity 185
Chapter 12: Trimming Small Business Taxes 201
Part 5: Tax Breaks in Real Estate 223
Chapter 13: Getting Tax Advantages from Your Home 225
Chapter 14: Evaluating Real Estate as an Investment 247
Chapter 15: Looking at Tax Considerations and Exit Strategies 263
Part 6: The Part of Tens 293
Chapter 16: Ten Overlooked Opportunities to Trim Your Taxes 295
Chapter 17: Ten (Plus One) Tax Tips for Military Families 303
Index 311
Tentang Penulis
Eric Tyson is coauthor of Taxes For Dummies, as well as bestselling titles like Personal Finance For Dummies, Investing For Dummies, Real Estate Investing For Dummies, and Small Business Taxes For Dummies.