Tag: deduction
5 Tax Tips You Don’t Want to Miss Out On
Posted on April 13, 2017 in Money by Nathan Cherry
Now that the “most wonderful time of the year” is behind us, it’s time for the most dreaded time of the year: tax season. But if you take advantage of these tax breaks you can make this time of a year a lot more jolly.
We can all agree that no one likes paying taxes. As a financial professional I spend time talking about taxes with a lot of people and nearly everyone agrees that they don’t like paying taxes. I did run into one person that said she did not mind paying taxes and, frankly, I had no comment for that. I don’t know where to go when someone says they don’t mind taxes.
For most of us though, taxes are not something we enjoy. But they are necessary. Since we have to pay taxes we should at least know about the different tax breaks we can take advantage of to help reduce our tax burden. Let me share 5 valuable tax breaks with you.