Business Tax Recovery Logo


Tax Deduction Consulting Elko NV

There is no doubt that paying taxes is one of the least favorite things to do for most Americans. This is hardly a surprise given the incredibly confusing tax laws and IRS forms. As one person said, when you finish your tax returns you don't know if you are a criminal or a martyr. Simply put, it can be massively confusing and stressful. One of your major weapons in fighting back is the much-loved deduction, which we cover in this introduction to tax deductions.

Jeffrey Goldman
450 Hillside Drive #A107
Mesquite , NV
Company
Title: Financial Consultant
Company: Jeff Goldman
Type
Investment Advisor Rep: Yes
Education
Rensselaer Polytechnic Institute/Bachelor of Science
Years Experience
Years Experience: 6
Service
Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Hourly Financial Planning Engagements,Life Settlements,IRA, 401k, Roth IRA, QDRO Rollovers,Alternative Investments,Disability Insurance,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Fee Only Portfolio Managem

Data Provided by:
Timothy Bock
1635 Villiage Center Circle 140
Las Vegas, NV
Company
Title: President
Company: Summit Portfolio Management
Type
Investment Advisor Rep: Yes
Registered Investor: Yes
Education
Arizona State University Five
Years Experience
Years Experience: 27
Service
Education Funding & Financial Aid Planning,Hourly Financial Planning Engagements,Captive Insurance,401k Rollover From Employer,CD Alternative,Disability Insurance,Retirement Planning,Real Estate Investment Planning,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Pension for Highly Compensated Owners,Income for Life/ Preserve Principal,Alternative Investments,Life Insurance,Alternative Asset Class Planning,Invest

Data Provided by:
Computax
(702) 251-0808
709 N Eastern Ave
Las Vegas, NV

Data Provided by:
Taxes PhD
(702) 434-3278
4928 E. Tropicana Ave
Las Vegas, NV
 
Jackson Hewitt
(702) 477-0057
4770 West Ann Road, Ste 2
North Las Vegas, NV

Data Provided by:
Corey Zimet
10620 So. Highlands Pkwy
LAs Vegas, NV
Company
Company: CBZ Retirement Solutions,LLC
Service
Asset Protection Strategies & Planning,Individual Income Tax Planning,High Yield Bank Accounts,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Health Care Insurance,Retirement Planning,Insurance & Risk Management Planning,Retirement Income Accumulation Planning,Business Income Tax Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Disability Insurance,Annuities,Annuity Ideas & Strategy Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Pla

Data Provided by:
Servi-Mex
(702) 898-7766
5030 E Tropicana Ave
Las Vegas, NV

Data Provided by:
Nevada Resource Center
(702) 307-1611
1817 S Eastern Ave
Las Vegas, NV
 
Suretax, Inc.
(702) 382-3903
1315 S Maryland Pkwy
Las Vegas, NV
 
Jeffrey M Graham, EA & Associates
(702) 451-2268
2298 W Horizon Ridge Pkwy Ste 107
Henderson, NV
 
Data Provided by:

Tax Deduction Consulting

Introduction to Tax Deductions

While people may hate taxes and tax forms, they love tax deductions. Here is an introduction to tax deductions that may help you minimize what you pay.

There is no doubt that paying taxes is one of the least favorite things to do for most Americans. This is hardly a surprise given the incredibly confusing tax laws and IRS forms. As one person said, when you finish your tax returns you don't know if you are a criminal or a martyr. Simply put, it can be massively confusing and stressful. One of your major weapons in fighting back is the much-loved deduction, which we cover in this introduction to tax deductions.

Tax deductions are simply expenses that you are allowed to use to reduce your gross income. From a big picture perspective, figuring out your taxes is actually pretty simple. You determine your gross income and then deduct everything allowable under law. When you have that figure, you head to the tax tables and figure out how much you owe. Obviously, there are other aspects such as capital gains to the process, but this is it in a nutshell and emphasizes the importance of tax deductions.

When contemplating tax deductions, it is important to remember that they almost always exist to modify our behavior in some way. Take the mortgage interest deduction for example. It exists for the purpose of promoting homeownership in the United States. By offering a substantial financial windfall, the government seeks to put as many fannies in homes as possible and secure the middle class that makes our society so strong. This approach is true for nearly all tax deductions, even if the exact purpose does not seem obvious at first.

When writing an introduction to tax deductions, the first thing any reader wants to see is a list of tax deductions they can claim. Unfortunately, that is next to impossible. The tax code with regulations is over 50,000 pages and full of tax deductions. There may be some poor soul out there willing to ...

Click here to read the rest of this article from BusinessTaxRecovery.com