LyfeAccounting

JUNE 29, 2021

Or maybe you just have your own cynical reasons, like “The government is evil, there is no way they are going to give you free money. The point here is that even though you qualify today, there are still 6 months left in the year and your life could change and knock you out of the monthly child tax credits. Contact us today!

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LyfeAccounting

APRIL 22, 2021

Let’s start by understanding the number one thing Amazon does to write off taxes. How to Write Off Taxes Like Amazon. See, credits provide a dollar-for-dollar reduction of your income tax and are given by the government to reward certain types of behavior that benefit the US economy. Amazon uses credits.

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LyfeAccounting

APRIL 23, 2021

So if you had a $150,000 tax liability, the money you would have to pay the government anyway, this would allow you to get a $150,000 tax write-off. And this can be a tax savings of 30-40%! Now, this is the power of leveraging the tax code and why accountants and CPAs get paid so much money.

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LyfeAccounting

MARCH 19, 2021

This is pretty clear, but we see it all the time when clients just simply forget about the tax liabilities that they still need to pay off when thinking about their tax refund. But if you need more help with your tax situation, our tax consultants are here to help you out. You owe someone money.

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