It’s that time of year again. I do not even think the people who are getting a refund are that happy to see it. It is tax time. You have to have all of your records and either see a professional tax preparer or get professional tax preparation software. I used to go to one of those tax places, then I started doing it on my own. Understanding more of what is involved in doing my taxes helps me keep better records and helps me to make better financial decisions. The goal is to pay as little tax as possible.
I remember the arguments this past election season about rich people not paying tax. Well, if you could use rules and laws to not have to pay a tax, why wouldn’t you? It just makes sense whether you are rich or working class to pay as little tax as possible. I like quality professional tax preparation software that asks me all the questions and shows me all of the options. I do not want to miss a deduction or tax break. Continue reading