Tag: tax deductions
Donations You Can Make for a Tax Write-Off This Year
Are you looking for ways to reduce your tax bill this year while also supporting a good cause? Making charitable donations can help you achieve both goals. By donating to eligible charitable organizations, you can claim a tax deduction and save money on your taxes. In this blog post, we’ll explore some of the different […]
Tips for Finding Health Insurance When Becoming Self Employed
Being your own boss has its perks, but it also means taking on a whole new set of responsibilities—like health insurance. Finding the right coverage when you’re self-employed can be daunting, so we’ve put together some tips to help you find the health insurance that’s right for you. Shop Around and Compare Plans When shopping […]
4 Innovative Ways Businesses Are Saving on Taxes
Whether you are starting your own business as an entrepreneur or operating a small industry with several employees, be sure to take advantage of applicable tax deductions that can reduce taxes. Here are four ways to maximize your deductions as a business owner or operator. Optimize Repairs and Improvements Keep your equipment in good working […]
Why Hiring a Tax Attorney Will Benefit You
Taxes can be a headache to deal with, especially if math or finances are things you struggle with. You can make things easier on yourself however by hiring a tax attorney, someone who’s well versed in tax law and has an understanding of how best to avoid the many pitfalls associated with filing taxes. If […]
How To Reduce Your 2019 Tax Debt Now, in 2020
Yes, you can still make moves to reduce your 2019 tax liability. And the best part is that, in parallel, you can build up your nest egg to protect your finances in the long run. While the majority of steps to reduce liability—deductions, write-offs, donations, and so forth—needed to happen in 2019, there are still […]
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