Reducing Your IRS Bill - Two-Part Interview with Tax Tips for Small Businesses and Individuals
Last week I appeared as a guest tax expert on New Mexico’s KSVP with Mike Jaxson. We talked about important year-end tax tips for reducing your IRS tax bill.
Check out the videos below to find out more about:
- Self-employment deductions including business vehicles, equipment and furniture expenses
- Tips on accelerating deductions, like paying your 2009 property taxes and estimated tax payments before the end of the year so you can take those deductions in 2008.
- Deducting expenses charged to your credit card in 2008. You won’t get the statement till 2009, but you can still take the deduction in 2008 (the year you made the charge).
- Schedule A deductions such as real estate taxes and certain legal fees (including hiring an attorney to protect your alimony).
- Extended tax breaks for 2009 and more!
Expert tax tips for reducing your IRS tax bill (KSVP Part 1)
Expert tax tips for reducing your IRS tax bill (KSVP Part 2)
More Tax Help, IRS News and Tax Relief Tips:
- The Most Important Tax Tip of the Year - File An Accurate Tax Return to Reduce Your Chances of an IRS Audit
- 10 Things Taxpayers Can Do Before December 31, 2008 to Reduce the Tax Bill Due on April 15, 2009
- The IRS Will Continue to Aggressively Pursue Tax Cheats at Every Level in 2009
- Hire a Good Number Cruncher: Save Money and Avoid IRS Problems
- Tax Benefits for Education: Deduction of up to $4,000 Available for Tuition and Fees
Tags: 2008 taxes, accelerating deductions, charitable contributions, charitable donations, estimated tax payments, filing tax returns, IRS help, Michael Rozbruch, tax breaks, tax expert, tax returns, Tax Tips
