Don’t Get Killed on Taxes: 20 of the Most Common Reasons You’re Sending Too Much Money to the IRS
Don’t Get Killed on Taxes: 20 of the Most Common Reasons You’re Sending Too Much Money to the IRS by P.J. DiNuzzo PFS™ MBA MSTx, Steven Jarvis MBA, Russ Alan Prince
English | January 3, 2023 | ISBN: 1636980422 | 238 pages | PDF | 2.00 Mb
English | January 3, 2023 | ISBN: 1636980422 | 238 pages | PDF | 2.00 Mb
Many people get killed on their taxes each year, but that doesn’t have to be your story.
The average person doesn’t need a degree in business or accounting to avoid paying too much in taxes—they simply need to discover their misconceptions about taxes and create a plan to reduce those taxes over time. In Don’t Get Killed by Taxes, P. J. DiNuzzo and Steven Jarvis bust the most common myths that keep people paying too much in taxes. They sharefive simple building blocks that can save money and reveal twenty of the most common tax strategies to substantially reduce an individual’s tax burden.
Taxpayers have been conditioned to believe myths about taxes that are simply not true, such as:
- “Taxes are a fact. I have no control over how much I pay.”
- “As long as I get a refund, I’ve won.”
- “I use tax preparation software. I’m all set.”
- “I have a tax preparer. I’m all set.”
- Reduce their tax rate
- Optimize tax deferred and tax free investments
- Create a “paycheck” —one that will last the rest of their lives
- Capture every benefit they’re entitled to
- Pay substantially less in taxes.
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