Archives for June 2017

If used for raising revenue alone, the US tax system would doubtless be a much simpler affair. However, as the system needs to be fair, efficient and enforceable, and has been used by Congress to influence many aspects of political life and for delivering benefits to groups and industries for many years now, it remains complicated, and in fact, becomes more complex every year. If our taxes weren’t so complicated,… Read More

Reducing taxes is a goal many of us aspire to, and by trying to understand our taxes better and become tax law savvy, we can often end up saving ourselves many dollars each year. Read on for the top ten tips for reducing your taxes: Retirement account contributions: These are a great tax reduction tool and have benefits that are twofold: deducting the amount that you’ve paid into a retirement… Read More