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Every year, millions of people all over the country pay too much in taxes.
Every year, millions of people all over the country pay too much in taxes.
Ironically, this is often the result of avoiding declaring income, in an attempt to pay less taxes...
Ironically, this is often the result of avoiding declaring income, in an attempt to pay less taxes...
Amazing but True!
Often times it makes more Cents and Dollars to declare More Income!
How is this possible? The simple application of the principles we show below can...
How We Save You hundreds-- Often Even THOUSANDS!
Why Claiming More Income Will Often LOWER Your Tax Bill
Why Claiming More Income Will Often LOWER Your Tax Bill
In order to avoid paying taxes on it, many people "forget" to declare the $500, $1,000, or $2,000 they made on the side. What they often don't realize is that in earning that money, they incurred huge potential LEGAL write-offs. Deductions that would not only completely offset the income earned, but actually reduce their overall taxable income from employment.
That means, less taxes that you pay... or higher refunds that you receive!
Other examples of where these principles comes into play...
Think of hobbies or even favors, that produce income or compensation, no matter how little. Remember, often, there are many legal deductions, that will let you not only zero out that income, but create a loss that will offset your employment income. This lessens your overall Net Income, so as to reduce your tax liability which increases your refund or your earned income credits. In short, these principles keep or better yet, put money in your pocket.
a. Other examples: sewing, handyman, mechanic, musician, babysitting, cooking for others, animal breeding (you don't need license to take the deductions), (we actually once created a legitimate $5,000 loss for someone who bred snakes for fun), it increased his refund by over $1,000!). The examples are almost endless.
Remember, when it comes to taxes, examine ALL angles Don't cheat. Don't lie. But, don't needlessly give your money away! When you have your taxes prepared, make certain that you use a professional who will ask you the questions that will allow you to minimize your liability and maximize your refund.
It is almost certain that your are neglecting to take advantage of many Tax-Write offs that you have available:
Do you own a business? If you are an ASN member, you have MANY legitimate tax write offs.
Do you have a hobby from which you sometimes make sales? You have additional deductions.
Do you occasionally help others for "Beer Money", You have even more write offs
SOLUTIONS NETWORK TAX ASSISTANCE
If you desire a professional who is dedicated to finding the legitimate deductions and write offs that most preparers just don't look for, call us
Toll Free 877 604 6636 Ext 3 For a FREE CONSULTATION
Please, when calling reference Service ID DL4622
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