Save On Your Taxes Part 1: Above the Line Adjustments
Paying taxes is just a fact of life. Make some money, give a cut of that back. My good friend, Tony, just came back north for the season. He and I were catching up the other day and I was complaining about how much I owed in taxes when I filed. He told me a few things he does to lower his tax bill. They were, ummm, let’s say creative interpretations of what’s allowed. I would not call them strictly legal so I’m not going to pass them along. But the conversation did get me thinking. What can I do (legally) to lower my tax burden?
