liferider
Looking forward to retirement
Here is a good one. When you filed your Federal income tax over the years you were paying notes. Did you deduct the interest paid to the holding company on your taxes. That is tax deductable. If not, do it all on next yrs tax return. Same goes with your Home mortgage! I Itemise everything! When I show up at my CPA's my box which looks like a boot box. Portable file box. Has each kids medical bill's, reciepts, prescription reciept, asperin reciept. Farm file, horse feed, hay bill, tractor fuel, vet bill, sales from horses, my medical bills, prescription med or medicine reciepts. Property tax canceled checks. I itemize everything! From paint used on the house as an upgrade, to fuel burned driving to and from work. The savings are mind blowing! I went to a seminar done by an ex-IRS agent on what's allowed and what's not. I save on the average now $8000.00 -14,000 per yr! The biggest savings were in my oldest step sons Autizum expenses under his medical!
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