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Deduct Everything!: Save Money with Hundreds of Legal Tax Breaks, Credits, Write-Offs, and Loopholes by Eva Rosenberg

Author:Eva Rosenberg , Date: December 2, 2017 ,Views: 330

Deduct Everything!: Save Money with Hundreds of Legal Tax Breaks, Credits, Write-Offs, and Loopholes by Eva Rosenberg

Author:Eva Rosenberg
Language: eng
Format: mobi
Tags: BUS050050 Business & Economics / Personal Finance / Taxation
Publisher: Humanix Books
Published: 2016-02-01T14:00:00+00:00


• Open a savings account.

• Use an IRA—Individual Retirement Account with deductible contributions.

• Use a Roth IRA—Individual Retirement Account with nondeductible contributions now—but no taxes when you retire.

• Use one of the many retirement plans offered at work. See what your employer has to offer.

◦ Some employers offer to match your contributions—definitely invest as much as you can in those plans. At least invest as much as your employer will match.

◦ Some employers offer a Roth option to their retirement plans. That means you won’t get a deduction when you invest. You will get the benefits when you retire. (That’s called delayed gratification.)



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Deduct Everything!: Save Money with Hundreds of Legal Tax Breaks, Credits, Write-Offs, and Loopholes by Eva Rosenberg.mobi


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