So, I read this fascinating article the other day called “How to file your 2023 taxes and get the most out of your return.” It’s crazy to think that we’re already thinking about filing taxes for two years from now, but it ’s never too early to start planning.
Basically, the article lays out some helpful tips for maximizing your tax return. One of the big takeaways is to start planning early and keep track of all your receipts, especially for any business or work-related expenses. Another tip is to consider contributing to a traditional IRA or 401(k) plan, which will reduce your taxable income.
One thing I found really interesting was the section on tax deductions and credits. The article highlights some lesser-known tax credits, like the Lifetime Learning Credit, that can really add up if you qualify for them. Personally, I’ve never thought much about tax credits, but it seems like they could make a big difference in how much we owe come tax season.
Of course, taxes can be pretty boring and overwhelming, but the article does a good job of breaking things down and making it all seem a bit more manageable. Plus, who doesn’t love the idea of getting a bigger tax return? Overall, I’d say it’s definitely worth checking out if you’re looking to up your tax game.
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