DOES ANY ONE KNOW ANY GOOD TAX LOOP HOLES? WHAT KIND OF THINGS CAN I DEDUCT? ARE THERE ANY WEBSITES THAT I CAN RESEARCH?
2006-06-21 16:08:19 · 4 answers · asked by MARIA F 1 in Politics & Government ➔ Government
I use an accountant because she pays for any mistakes and she knows " Tax Loop Holes that are totally legal " .Besides the IRS can charge more interest rates than anyone else I know .LOL Taxes are one of those things you make sure is done by someone you can charge if done wrong . H&R block didn't get the breaks my accountant has .Might be basic forms they use or something .Ask around your area or phone book .
2006-06-21 16:18:00 · answer #1 · answered by Fairy Tale 4 · 0⤊ 0⤋
The IRS has links to free tax preparation services. The free sites ask you all sorts of questions about what you've earned and paid out and then they figure out what deductions you're eligible for. CA has a free tax preparation system too. If you're trying to find ways to cheat, I can't help. If you're looking for every available tax deduction and loophole in the IRS codes, you'll need to go to school and become an accountant.
2006-06-21 23:13:38 · answer #2 · answered by CarolO 7 · 0⤊ 0⤋
I will tell you this, don't skimp on your accountant. Most people will save FAR more in taxes simply by going to a competent accountant, than they would pay for his services. Tax law is extremely complex and changes every year. A professional is immensely helpful here.
Words to live by.....never skimp on your doctor, lawyer or accountant.
If you do, you could end up broke, in jail or dead.
2006-06-21 23:12:42 · answer #3 · answered by Anonymous · 0⤊ 0⤋
no
2006-06-21 23:14:38 · answer #4 · answered by A Jah 3 · 0⤊ 0⤋