How to Slash Your Taxes or Settle an Old Tax Bill

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How to Slash Your Taxes or Settle an Old Tax Bill

Nobody should pay more taxes than necessary. In fact, its a waste of your money if youre giving Uncle Sam a dime more than he is due. Yet, every year, scores of taxpayers overpay their taxes due to misinformation, a lack of knowledge about the tax code, ignorance of the law, and sometimes just plain laziness and poor planning. For those with back taxes due, the situation is even more dismal. Weve all heard horror stories about the IRS causing the fear of God in people going through audits.

So how do you avoid being over-taxed and behind on your taxes? And what can you do if youre already weighed down by an old tax bill?

In this session youll learn:

How to use your 401(k), 403(b) and other retirement savings plans to save taxes
How and when to delay income and turn that to your financial advantage
The value of bunching and/or accelerating expenses
The difference between a tax credit and a tax deduction, and which is far more valuable
Creative ways to reduce your taxes at any point during the year
The enormous tax benefits available to small business owners
How to refrain from triggering the dreaded AMT or Alternative Minimum Tax
How to avoid or eliminate interest and penalties on past due state and local taxes
How to successfully negotiate an Offer in Compromise with the IRS and MORE!

Length - 60 minutes
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Format MP3 Audio

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File Size	51 megabytes
File Type	MP3

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