Easy Ways to Lower Your Taxes: Simple Strategies Every Taxpayer Should Know (USA Today Nolo Series)

Reduce your taxes with great tips in plain English. While many tax books claim they can sharply reduce or eliminate your tax burden altogether, too often their dubious methods apply to nearly no one -- or their accounting schemes run the risk of drawing unwelcome IRS scrutiny. Easy Ways to Lower Your Taxes provides legitimate tactics and useful insights that can really lower your tax bill without running afoul of the IRS. Learn more about tax planning: Get a lower tax rate Boost your tax-free income Defer paying your taxes Make the most of deductions Take advantage of exemptions Identify and use credits Shift income to other taxpayers -- legally Each rule is accompanied by excerpts, strategies, ideas, and real-world examples, plus information on retirement plans, home mortgages, student loans, charitable contributions, medical expenses, dependents -- even businesses that never get started! You'll save big with the simple strategies found in Easy Ways to Lower Your Taxes.

Reduce your taxes with great tips in plain English.

While many tax books claim they can sharply reduce or eliminate your tax burden altogether, too often their dubious methods apply to nearly no one -- or their accounting schemes run the risk of drawing unwelcome IRS scrutiny. Easy Ways to Lower Your Taxes provides legitimate tactics and useful insights that can really lower your tax bill without running afoul of the IRS.

Learn more about tax planning:

Get a lower tax rate

Boost your tax-free income

Defer paying your taxes

Make the most of deductions

Take advantage of exemptions

Identify and use credits

Shift income to other taxpayers -- legally

Each rule is accompanied by excerpts, strategies, ideas, and real-world examples, plus information on retirement plans, home mortgages, student loans, charitable contributions, medical expenses, dependents -- even businesses that never get started! You'll save big with the simple strategies found in Easy Ways to Lower Your Taxes.

Winning the war on taxes The best tax is no tax : income that's tax free The dollar-for-dollar advantages : tax credits Delaying the pain : deferring income and the tax it brings Count every penny : reducing taxable income with deductions Join the low-tax rate club : reduce your tax rate All in the family : shifting income in your household to lower the tax burden The family that pays taxes together stays together : how income shifting works Cover the basics : making the most of your filing status and tax exemptions Help beyond this book. Veteran "USA Today" financial columnist Block and Nolo tax writer Fishman explain, in plain-English, how to boost tax-free income, get a lower tax rate, defer paying taxes, and more