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WARNING: Uncle Sam may actually be trying to help you.

Sounds impossible, right? But the IRS and Uncle Sam have disguised several special tax breaks that you can use today to reduce your tax bill.

These tax breaks range from investments and homes, to gifts and education credits. Special advantages for estate and business owners are also hidden in the thousands of pages known as the U.S. Internal Revenue Code.

Many of these tax breaks result from the Taxpayer Relief Act of 1997 as well as the Economic Growth and Tax Relief Reconciliation Act of 2001. These sweeping laws changed almost every aspect of the tax code. Both offered new tax credits, raised the Unified Credit, and offered some tax relief for farmers and small business.

While offering some tax breaks, both laws confuse taxpayers and tax preparers alike. Many tax experts commented that the tax code looked like it had been written by lawyers to confuse the public at large. Deciphering it, many chided, even required a degree in "legal-ese."

Out of this newly-jumbled mess we call the Internal Revenue Code, our experts have identified 31 specific tax breaks for you and your family. They're free for the taking by the U.S. Government... and you could shave thousands off your estate and income taxes.

To begin reviewing 31 Tax Breaks, click NEXT below:

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Tax Breaks Include

Capital Gains
Mortgage and Equity
Education Tax Breaks
Gifting Options
Sheltering Rental Income
Using Your Unified Credit
Social Security
Tax-Free Munis
Estate Tax Reductions
Life Insurance
IRAs and 401k Plans
And much more
   

 

 
 
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