tax credits

Lowering your tax liability is one of the fastest ways to increase cash flow and build wealth. I was making a long post about all the legal deductions that you are allowed to take and that most people miss on their tax return. Then I threw it away. There are lots of articles and resources […]

Tax planning consists of the use of tax deferrals, tax deductions and tax credits to legally reduce your tax liability. The one that most of you are familiar with is tax deferral. That is because most of you have a 401K plan at work. For example, if you earn $100,000 a year and contribute $10,000 […]