Make the Most of Your Taxes

For many people, lowering taxes is one of the most common financial planning concerns. The good news is while taxes are unavoidable, there are ways to minimize the impact they have on your bottom line. The key is planning. 

It is also important to note that taxes are not computed based on your gross income. Your taxes are based on a taxable income that can be reduced by deductions or “write-offs.”

There are a number of steps you can take to make sure you don’t pay more than what you have to. Here is a quick look at the six strategies that could slash what you owe to the IRS.

Please call Dennis Smith at 760-212-8225 for more information or assistance in buying, selling, or investing in real estate.