Are you in a high income bracket? Perhaps you are in a lower income bracket, but you may find yourself with a tax bill each year because you do not have enough deductions. There are a few things you can do to lower your tax liability. Read on to learn four popular options others use to lower theirs. Invest in Your Retirement If your employer offers a 401 (k) plan, take advantage of it.
21 November 2014
Working as an independent contractor allows you to be your own boss, which can be very fulfilling, but it also leaves you responsible for filling your own taxes. When filing your taxes as an independent contractor, it is important to make sure that you file for every possible deduction that you can. Believe it or not, there are many deductions that many independent contractors do not take because they do not even know that they are available.
14 August 2014