Is there a company out there that can help people like me who know there must be a better way. It is so hard toy get ahead.
Please help if you know something I do not!
Thanks!
2007-12-19 05:42:40 · 9 answers · asked by I pay way too much in taxes 1 in Business & Finance ➔ Taxes ➔ United States
Make changes to your w-4 so that more taxes can be taken out on each pay check. You will be bring home less but will owe IRS less.
I personally claim 0 on my w4 and an extra $25.00 taken out of my bi-weekly pay check, I have my husband claim 2 on his W4, we usually get a $2000.00 refund.
2007-12-19 14:02:03 · answer #1 · answered by Ms. Angel.. 7 · 0⤊ 0⤋
What exactly are you trying to do? Arrange your affairs so that you have a lower tax liability or resolve an outstanding liability? Either way you need to consult a tax specialist or financial planner.
I am an enrolled agent, a tax specialist licensed by the US Treasury Department to represent taxpayers (along with attorneys and CPAs.) If you would like some additional information outside this forum, you can send me email through my profile.
2007-12-19 13:52:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Here is the biggest trick to paying less taxes.......
MAKE LESS MONEY.
Seriously, other than giving all of your earnings away to a charity, that is the only way to pay less taxes.
There are worse things in life than paying taxes because you have a good income. I pay more in taxes than some of my clients make in a year. I would rather be in my shoes than theirs.
2007-12-19 13:49:49 · answer #3 · answered by Wayne Z 7 · 1⤊ 0⤋
Quit your job.
Get on welfare
Get food stamps
Get public housing
this is a sure way to reduce your tax rate
2007-12-19 13:51:27 · answer #4 · answered by Jan Luv 7 · 0⤊ 0⤋
If you have dependent's-you can claim them through the year and not pay so much taxes-but it will hurt you at the end of the year.
2007-12-19 18:40:23 · answer #5 · answered by Anonymous · 0⤊ 0⤋
to stop paying more taxes, stop earning.
seriously , reduce ur spending , increase ur investing/saving.
get a budget - it give u more control of ur money not the inverse. reduce ur debt.
be happy u can afford to pay taxes. extortion isn't near as fun. having no money creates a major vacum.
2007-12-19 13:48:49 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Everyone pays too much in taxes. Its called being a grown-up. Get used to it.
2007-12-19 14:10:35 · answer #7 · answered by *Cara* 7 · 0⤊ 1⤋
Quit your job or donate all of your income to charity are the only foolproof ways to lower your tax bill.
2007-12-19 13:48:20 · answer #8 · answered by Anonymous · 2⤊ 0⤋
I'm afraid your question is very vague. Without knowing your situation, no one can offer any kind of real advice.
2007-12-19 13:57:45 · answer #9 · answered by taxreff 7 · 0⤊ 0⤋