Most people fret over their taxes during the first part of the year — right up until the April tax filing deadline. But accountants say that it’s best to do smart tax planning all year long.
To minimize your taxes, it’s important to have a clear sense of your overall financial picture, including your income, investments, savings, business expenses, personal deductions and exemptions – as well as various lifestyle factors, such as your marital status and even whether you’re expecting an addition to the family.
It may seem like a lot of work, but making a variety of tax-savvy financial moves can save you thousands of dollars and help you legally reduce the amount of taxes you pay to Uncle Sam.
Here is a list of our most popular tax related articles: