10 Year-End Tax Strategies

November 01, 2013   |   November 2013 Bond Updates
You’ve got two months left for tax tricks. The objective is to either lower your taxable income or push it into lower brackets. One item on my list has to do with lowering estate taxes. There are two ways to reduce your taxable income: increase your itemized deductions or reduce your adjusted gross income. A lowering of AGI is more powerful because the AGI is used to figure all kinds of benefits, like college tax credits and personal exemptions.

View more at: http://www.forbes.com/sites/baldwin/2013/11/01/10-year-end-tax-strategies/
 
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