Are you ever confused when your tax advisor says “take this exemption” or “let’s use this deduction?”
Don’t worry, you are not alone.
Most taxpayers are not aware of the difference between a tax exemption and a tax deduction. I take pride in teaching you how to achieve financial peace in many different ways and this is one topic I’d love to explain to you.
Now let’s break down the difference between a tax exemption and a tax deduction!
Do you want to claim your deductions and credits that are available on your tax return? To claim credits you first need to know your Adjusted Gross Income (AGI).
Want to figure out what AGI is and how can you calculate it? Then keep reading to find out!
Many tax deductions for barbers and beauty professionals are missed each year!
You’re in the world of perfecting your client’s physical appearance whether it is through hair, fashion, or makeup.
The last thing you want to worry about is making sure your taxes are prepared correctly and with optimal care. I am definitely aware of this and I always want to make your life easier when it comes to helping you prepare your taxes.
The first thing you will want to do is to make sure all your documents are in line. In this article, I will show you how to get the most business deductions and lower your tax bill.
It’s understandable that the last thing a nurse, physician, pharmacist, or any other healthcare professional wants to worry about is tax deductions.
This daunting thought can also be the reason why so many workers in the healthcare field file too quickly in an effort to complete this task.
Many of the medical professions can be grueling with lots of stress, little sleep, and long hours.
To add to your already long list, you will want to make sure all your documents are in line for taxes in order to stay ahead of the game.
In this article, I will show you how to get the most deductions in order to lower your tax bill.
Feeling overwhelmed and confused about the differences between tax evasion vs tax fraud?
You’re not alone – many others, including myself, have faced this puzzling conundrum. After digging through federal codes and consulting with legal experts, I’m ready to shed some light on these complicated terms.
Stick around, you’ll discover actionable insights that may save you major headaches (and possibly a visit from the IRS) down the line!