| Did you know that almost anything you purchase | | | | where you make those donations to. Do you donate |
| related to work or healthcare is tax deductible? If you | | | | clothes to Goodwill type stores? Make sure you get a |
| did not already know this, listen up. Most of us who fall | | | | receipt from them with an estimate of the amount of |
| in a higher tax bracket do not look forward to the | | | | items you are donating. Come tax time you'll be happy |
| dreaded April fifteenth deadline when taxes are due. If | | | | you did. |
| you owe money at the end of the year, there are | | | | Do you have medical expenses? The government |
| special breaks you can take in order to decrease the | | | | wants to reimburse you for any health related things |
| amount you owe and help pad your pockets for the | | | | you have paid for out of pocket during the year. Save |
| upcoming tax year. | | | | dental receipts, doctor receipts and hospital bills. Then |
| Do you run or operate your own business? If so, save | | | | when tax time rolls around, pull them out and start |
| your receipts; gas, tolls, and even your monthly | | | | maximizing your deductions. The more prepared and |
| automobile payments can be deducted as a business | | | | organized you are throughout the year, the better |
| expense come tax time. While the savings seem | | | | chance you'll have with respect to saving money at |
| minimal, they are indeed savings and rest assured that | | | | the end. |
| the amount you owe will be lower should you end up | | | | Now that you are saving your receipts, where do you |
| owing anything. Should you not end up owing taxes at | | | | save them? A shoebox will do or any box or storage |
| the end of the year, you can add these deductions | | | | area where they are out of the way is fine. Keep in |
| and get a bigger tax return. Who wouldn't want to | | | | mind that you may not need to provide these receipts |
| have this nice bonus, something you can use to grow | | | | at the end of the year but it is vital to keep them close |
| your business. | | | | by should the IRS decide to audit you. Remember, you |
| Do you donate to your local charities? Make notes of | | | | want to be truthful and keep good records of all of the |
| any donations you make through the year, as well as | | | | deductions you claim should you need to prove it later. |