Jeff Schnepper

How to Pay Zero Taxes

Your Guide to Every Tax Break the IRS Allows

• Broschiertes Buch

Produktbeschreibung

Save BIGGER THAN EVER with this fully updated edition of the classic tax-saving guide! Tax whiz Jeff Schnepper has been helping ordinary taxpayers dramatically lower their tax bills for decades. Now, Schnepper brings his classic guide up to date for the coming tax season. Presented in language anyone can understand, How to Pay Zero Taxes 2020-2021 delivers everything you need to take full advantage of the newest tax laws-and pay the IRS less than ever before. Schnepper uncovers hundreds of sanctioned deductions, shelters, credits, and exemptions and provides invaluable tax tips you'll only find here. You'll learn how to navigate the tax code like a pro and save the maximum legal amounts on: . Capital gains and dividends . IRA and retirement plans . Converting personal expenses into deductible business expenses . Charitable deductions . Child care and elder care . Moving and job-hunting expenses . Mortgages and points . Investment expenses Every April, thousands of people around the country pay far more than they have to. Don't give the IRA one dollar more than the law requires. Use How to Pay Zero Taxes 2020-2021 to keep more of your hard-earned money in your own pocket.

Produktdetails

• Verlag: McGraw Hill LLC
• 37th 2020-2021 edition
• Seitenzahl: 928
• Erscheinungstermin: 13. Dezember 2019
• Englisch
• Abmessung: 231mm x 185mm x 41mm
• Gewicht: 1315g
• ISBN-13: 9781260461701
• ISBN-10: 126046170X
• Artikelnr.: 57089154

Autorenporträt

Jeff A. Schnepper is the author of How to Pay Zero Taxes, a bestseller now in its seventeenth annual edition, as well as several other books on finance and taxation. He is the financial, tax, and legal advisor to the Transamerica sales force and runs a full-time accounting and legal practice in Cherry Hill, New Jersey. Mr. Schnepper also writes a column for Microsofts online personal finance website, MoneyCentral, and is a tax strategist and advisor for TheTaxPeople.net, and the ORYAN Program.

Inhaltsangabe

ACKNOWLEDGMENTS CHAPTER 1 Tax Insanity CHAPTER 2 Is It Legal? CHAPTER 3 How
Our Tax System Works
CHAPTER 4 Exclusions-Tax-Free Money
A Alternatives to "Earned Income" 1. Hospitalization Premiums 2. Group Life
Insurance Premiums 3. Group Legal Services Plans 4. Accident and Health
Plans 5. Employee Death Benefits 6. Merchandise Distributed to Employees on
Holidays 7. "Expenses of Your Employer" 8. Meals and Lodgings 9. Employee
Discounts 10. Workers' Compensation 11. "Cafeteria" Plans and Flexible
Spending Accounts 12. Dependent Care Assistance Program 13. Employer
Educational Assistance 14. Employee Awards 15. Clergy Housing Allowance 16.
Miscellaneous Fringe Benefits & nbsp;
B Donative Items 17. Gifts, Bequests, and Inheritances 18. Scholarships and
Fellowships 19. Prizes and Awards 20. Qualified Charitable Distributions
(QCDs)
C Investors 21. Interest on State and Municipal Obligations
D Benefits for the Elderly 22. Public Assistance Payments 23. Social
Security and Other Retirement Benefits 24. Annuities 25. Sale of Your Home
E Miscellaneous Individual Exclusions 26. Carpool Receipts 27. Damages 28.
Divorce and Separation Arrangements 29. Life Insurance 30. Qualified State
Tuition (§529) Programs 31. Your Home-The Mother of All Tax Shelters! 32.
Disabled Veteran Payments 33. Exclusion of Income for Volunteer
Firefighters and Emergency Medical Responders 34. Unemployment Benefits 35.
Homeowner Security &n bsp; 36. Reimbursed Costs to Parents of Children with
Disabilities 37. Wrongful Conviction and Incarceration 38. Restitution
Payments 39. Frequent Flier Miles 40. Hurricane Sandy 41. Cancellation of
Indebtedness 42. Medicaid Payments for Foster Care of Related Individuals
43. ABLE Accounts 44. Foreign Earned Income Exclusion
F Schedule of Excludable Items
CHAPTER 5 Credits-Dollar-for-Dollar Tax Reductions
A Estimated Tax and Withholding Exemptions B Credits 45. Refundable The
Earned Income Credit 46. Excess Social Security Tax
47. The Child and Dependent Care Credit 48. Credit for the Elderly or
Permanently and Totally Disabled
C Special Credits 49. Work Opportunity Credit (Formerly Targeted Jobs Tax
Credit) 50. Welfare to Work Credit 51. Research Tax Credit 52. Orphan Drug
Tax Credit 53. Adoption Assistance 54. Hope Scholarship Credit 55. American
Opportunity Tax Credit
; 56. Lifetime Learning Credit 57. Child Tax
Credit 58. Disability Credits 59. Health Insurance Credit 60. Saver's
Credit