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:
|