As we reached the new 2014, there are several steps you can take to save on taxes. It’s never too late to review your rate of withholding and estimated taxes to be sure you won’t have any unwanted surprises on April 15. Let’s take a look at a few ways you can maximize your tax savings at the very first of this New Year.
Every year when tax season in full swing, and people around the country trying to deduct all that they can, we highlight some of the strange but legal tax deductions for those who itemize deductions on their tax returns. From the run of the mill, to the truly odd deductions that you would never in a million year think are legitimate, take a look at these strange tax deductions that you probably didn’t know about, but just might save you some extra cash this filing season.
Infographic source: Alan Spencer & Associates, P.C.
Do you still remember those funny minions in the movie “Despicable me”? They share out the work and cooperate with each other. And they are the best assistants to Gru. But you know what? They need to pay tax as well, depending on different jobs of theirs. Here Alan Spencer & Associates, P.C. created an infographic about taxation of minions to let you know more.
infographic source: http://www.alanspencercpa.com/Blog/the-tax-of-despicable-me.htm
Paying taxes is on everyone’s mind, rarely in a good way. Knowing some pithy facts about our tax system and how you fit in may not make you feel any better. Here Alan Spencer & Associates, P.C. created an infographic of 10 surprising facts about tax. Wish it could even help you plan.