News / Article

15 Most Overlooked Tax Deductions

Source: thinkadvisor.com - Apr 2, 2016

As tax day approaches, there’s often a scramble to find just one more tax deduction to lighten the burden on the bottom line.

While leaving the search till the last minute is definitely not the best way to proceed — since many strategies require advance planning and advance action — there are some ways to lessen your clients’ final tax bills that you — and they — may not have considered.

Fortunately, the folks at Kiplinger have gone the extra mile to uncover some ways to cut one’s tax bill that you, your clients or their tax preparer may not already have employed.

Here’s our look at 15 of the ways you might find appropriate to reduce the amount of tax that your clients must pay:

TO READ ENTIRE ARTICLE, CLICK ON SOURCE LINK ABOVE

Category: IRS

Comments