Description :

The best tax saving strategies and tips how the smartest individuals reduce their taxes paperback january 11 2013 by scott jefferys author scott jeffreys author see all formats and editions hide other formats and editions. This book the best tax saving strategies and tips was written to help you keep your hard earned money for your family or business and not pay it all out in taxes throughout the book you will find hundreds of strategies real life examples and tips to lower your tax burden this year next year and every year. Here are five tax saving tips that are easy to apply tip 1 establish retirement accounts one of the best ways for high earners to save on taxes is to establish and fund retirement accounts you can deduct the amount you contribute to a tax qualified retirement account from your income taxes except for roth ir as and roth 401 ks. Contributing as much as you can to your retirement via for example an individual retirement account is one of the best ways to reap a tax benefit by contributing to an ira you directly