Ways to Reduce Your Taxes

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Ways to Reduce Your Taxes

What tax bracket are you in?
How much to withold?
What is a FICA?
Who needs to pay estimated taxes?
How bad are the penalties and interest charges?
What are the tax forms I get in the mail?
What is a alternative minimum tax?
What are my chances of getting audited?
When to start tax planning?
IRS

Tax Deadlines
Jan 31 If you haven't paid your 4th quarter estimated tax , you can opt to file last year's return by Jan 31.
Feb 17 If you claimed exemption from withholding last year, you need to file a new W-4 to continue the exemption.
Apr 15 Taxes are Due
Dec 31 Last day to setup most self-employed retirement accounts.