You know, it doesn’t really take much information to save a lot of money in taxes. It is true: Just A Little Bit Of Tax Knowledge Can Save You Thousands Of Dollars Every Year!
Useful tax information is freely available. On the Internet, at your local library, and through your local tax professional.The question is: Are you willing to spend some time this year learning about effective tax strategies that can save you literally thousands of dollars?
Here’s a simple goal to set for yourself: Over the next 10 weeks, set aside just an hour a week to read up on tax-reduction strategies. That’s all, just 10 hours.
Chances are you’ll find 2 or 3 strategies that reduce your tax bill by $1,000 this year.
So you spend 10 hours and, in effect, pay yourself an extra $1,000 for your time. Not a bad hourly rate, eh?
Many times, that’s all it takes to pay less tax.