There is an old saying that goes “there is nothing certain in life except death and taxes”. While avoiding death is not something I can help you with, there are some things you can do to lower your tax bill.
With 2013 winding down, everyone is thinking about the upcoming holidays, but as soon as the New Year rolls around, attention will shift from holiday spending, to tax preparation. No one likes paying taxes, but they are a fact of life.
Luckily, there are ways to lower the amount you have to pay the IRS.
A lot of people plan for their taxes all year long. Some people don't think about them until it is too late. The good news is that it isn’t too late to lower your 2013 tax bill.
Taking all of the deductions you are eligible for, charitable donations and retirement savings are just a few of the various methods you can use. We are going to take a look at five ways that you can reduce your tax burden for the current year, all of which are perfectly legal and accepted by the IRS.
You want to make sure that you pay the IRS what it is entitled to, but you also want to make sure you do not pay too much. Here are five moves that you still have time to make this year to lower your 2013 tax bill.