time.com - As a busy parent, you may feel fortunate just to finish your income tax returns by April 15, let alone find the time to investigate ways to reduce your state and federal income tax bills
But devoting a few extra minutes of your precious time to these potential tax breaks could save hundreds or thousands of dollars on what you owe to Uncle Sam for 2014, as well as in the years to come.
1. Think Broadly About Who Depends on You
Each dependent you declare on your 2014 tax return can reduce your taxable income by $3,950.
No comments:
Post a Comment