Take a quick look at these seven steps you can take to reduce your taxable income and the taxes you will owe. These are basic tax-saving strategies that every taxpayer should know. They don't involve offshore bank accounts or convoluted tax shelters. These tax planning devices are easy to understand and put to use, and are most likely to save you -- the average taxpayer -- money.
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Tax Saving Strategies
Presented by: Henry Gorecki
Review step-by-step the different sections of the 1040 and how you can maximize savings. What is the difference between a tax deduction and a credit? How can I minimize taxes? Give yourself a raise! Learn more about smart tax planning.
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