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10 Tips on How To Avoid Paying Taxes in 2022 Legally

LyfeAccounting

Tip #5: Max Out Your Retirement Accounts. Whether you are self-employed or not, putting your money into a retirement account like a Roth IRA or 401Ks shields your money against taxes. And you need more help with your taxes, whether you’re a business owner or an individual, our team can help you.

Legal 59
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Top 6 Things to Know About the New Monthly Child Tax Credit

LyfeAccounting

So, if you receive your tax refund or pay your tax liabilities with bank account information then this is likely what they will use to send the payments to. This means it’s important to make sure that whatever bank account information you used to file your taxes last year, was not only the correct information.

Tax 52
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President Trump vs Biden Tax Plan Proposal in 2020

LyfeAccounting

?. President Trump vs Biden Tax Plan. With the US presidential election is right around the corner, and since we’re an accounting firm that loves taxes, it’s only right that we make a post discussing President Trump’s Tax Plan vs Former Vice President Joe Biden. What an Effective Tax System Looks Like.