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Tax Deduction Consulting Juneau AK

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.

Hutton & Hauber Tax & Accounting Services Inc
(907) 789-3091
9340 Glacier Hwy
Juneau, AK
 
H&R Block
(907) 789-9898
3017 CLINTON drSTE 100
JUNEAU, AK

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Mr. Micah Vincent Shilanski (RFC®), CFP, CSA
(907) 278-1351
431 W. 7th Avenue Suite 100
Anchorage, AK
Company
Shilanski & Associates, Inc.
Qualifications
Years of Experience: 9
Membership
IARFC
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Retirement Planning, Tax Planning, Tax Returns, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, Mortgage Loans, CommOptions, Collectable Coins , Precious Metals, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Education Plan, Healthcare Accounts, BuySell

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H&R Block Inside Eastview Center
(907) 337-1040
5520 LAKE OTIS PKWY STE 102
ANCHORAGE, AK

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H&R Block
(907) 336-1477
9220 LAKE OTIS pkwy UNIT A-1
ANCHORAGE, AK

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Hauber & James Tax & Financial Services Inc
(907) 789-3091
9340 Glacier Hwy Ste 43b
Juneau, AK
 
Logan General Tax Practice
(907) 789-3894
2245 Jordan Ave
Juneau, AK
 
Hauber & James Tax & Financial Services Inc
(907) 789-3091
9340 Glacier Hwy Ste 43b
Juneau, AK
 
WRConkey's Accounting Service
(907) 717-5233
200 W 34th # 852
Anchorage, AK
Prices and/or Promotions
Fixed

Logan General Tax Practice
(907) 789-3894
2245 Jordan Ave
Juneau, AK
 
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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 ...

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