Quick tips

One of the most common questions I get asked is "what is the best tax loophole?" This question is difficult to answer, as there are truly very few legitimate "loopholes" in the tax system, but what they are usually asking for are lesser known, but important tax tips that they can take advantage of. Obviously everyone is unique and tax tips are only helpful to the extent they can be appropriately applied to each individual's situation. However, I have compiled a few of my favorites that apply to many taxpayers, and which I hope might be insightful to you.

As always, this is intended to be informational only and you should carefully review your tax situation with a professional before making decisions.