The Savvy Taxpayer Playbook: Winning Strategies for Beating the IRS at Their Own Game. (Paperback) (ISBN-13: 9798378447091)

THE IRS TOOK MY LIFE SAVING FOR THE PAST 10 YEARS

These were the words a client of mine, Jason said to me the very first time we met. Just like you, it sounded strange to me and I had to ask why?. Being a hardworking software engineer who had been filing his taxes for over a decade, he had never taken the time to learn about all the deductions and credits he was eligible for. He thought his tax bill was just a necessary expense, and never imagined that he could actually save thousands of dollars each year with some smart planning. When he met me through a friend, he realized that he had been missing out on many opportunities to lower his tax liability, such as deducting his home office expenses, contributing more to his retirement accounts, and claiming education and healthcare credits.

When I was done with him, with renewed confidence and knowledge, John decided to revise his past tax returns and claim all the deductions and credits he was entitled to. To his amazement, he discovered that he had overpaid the IRS by more than $10,000 in the last three years alone, and was eligible for a substantial refund.

I hate to break it to you, but Jason is just one of thousands of American taxpayer that overpays the IRS yearly. A report from the Government Accountability Office (GAO) found that taxpayers overpaid an estimated $1 billion in taxes in 2018 by failing to claim all of their available tax credits and deductions. This suggests that there are still many taxpayers who are not taking full advantage of the tax benefits available to them. Additionally, a survey by NerdWallet found that over 1 in 4 Americans do not claim any tax deductions or credits at all, which further highlights the potential for overpayment.

If you have been filing your tax return by yourself over the years, chances are that you have failed to take advantage of some deductions you are qualified for... Who knows, you might have your own $10,000 refund waiting to be claimed. Paying your tax is a compulsory civic duty, but the law allows you to cut back as much as possible legally. There are so many ways to avoid paying certain tax legally, I am here to show you how.

In "The Savvy Taxpayer Playbook: Winning Strategies for Beating the IRS at Their Own Game," I provide you with everything you need to know to maximize your tax savings and keep more of your hard-earned money.

KEY LEARNINGS

• From understanding the US tax system and tax structures
• Deductions and Exemptions,
• Procedures for tax determination, payment, and reporting,
• Personal itemized deductions,
• Rental activities,
• Property exchanges,
• Protection in marriage and divorce (including prenuptial and postnuptial agreements)
• How to save for retirement, including different types of retirement plans and contribution limits.

If you love money and hate taxes like most of us do, then this book arms you with the knowledge to beat the IRS at their own game and keep more of your hard-earned money in your pocket.

Don't wait any longer to become a savvy taxpayer. Order your copy of "The Savvy Taxpayer Playbook" today!

Author: Mack O'Hara
ISBN-13: 9798378447091
Publisher: Independently Published
Language: English
Published: 02/21/2023
Pages: 214
Format: Paperback
Weight: 0.64lbs
Size: 9.00h x 6.00w x 0.45d