Reducing Your Taxes for Dummies - by Eric Tyson (Paperback)

About the Book

Book Synopsis

Get year-round insight on reducing tax burdens

This book walks you through the best strategies for reducing your personal tax burden and keeping more dollars in your pocket. If you plan and manage your finances all year round, tax season can be a cakewalk. Reducing Your Taxes For Dummies offers tips on maximizing your deductions, minimizing your income tax, and hunting for breaks on investment, real estate, and business income tax. Written by Dummies financial guru Eric Tyson (Personal Finance For Dummies, Taxes For Dummies), this guide explains tax basics, savings plans, retirement accounts, and myriad ideas for reducing your personal tax burden.

• Understand filing status, child tax credits, alternative minimum tax, IRS audits, and beyond
• Avoid common tax mistakes and identify all your possible deductions
• Plan and invest in a tax-wise way throughout the year
• Make the most of your retirement accounts and savings plans

Keep your hard-earned cash with Reducing Your Taxes For Dummies. It's full of year-round opportunities for reducing your tax burden and paying less in taxes each year.

From the Back Cover

Squash your tax bill

The less you pay in taxes, the more money you have to pursue your goals. This friendly guide reveals the many, many ways you can keep your cash in your own pocket. Inside, you'll find expert guidance on maximizing your tax deductions, choosing tax-friendly investments, and tax-proofing your current accounts. Special topics like estate tax and real estate tax are all in here, too. This easy-to-understand Dummies guide has the essentials you need to ensure you aren't paying too much at tax time.

Inside...

• Making tax-savvy decisions
• Benefitting from your retirement accounts
• Securing education-related tax breaks
• Untangling investment taxes
• Considering mortgage benefits
• Avoiding common mistakes
• Reducing small business tax

About the Author

Eric Tyson is coauthor of Taxes For Dummies, as well as bestselling titles like Personal Finance For Dummies, Investing For Dummies, Real Estate Investing For Dummies, and Small Business Taxes For Dummies.