Stimulus check anyone? Unemployment benefits? Massive corporate bail outs?… All of this comes at a cost. The cost is passed down to us. I expect an increase in tax rates and you should too. So keep in mind that there are strategies that you can take in order to reduce your taxable income and limit the amount of money that our government can touch. These are not all the strategies that you can use in your toolbelt, however these are the most beneficial for the common situation.
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