Do you know that taxes are the largest household expense of most working Americans? According to the Tax Foundation, Americans collectively spend more on taxes each year than they spend on food, clothing, and housing combined! Taxes are so high, in fact, that the average American had to work until April 24 last year, 114 days, just to pay their share of federal, state and local taxes. There’s still time! Every $1,000 in additional deductions or reductions in taxable income can save up to $390 in federal tax! In many cases, you may even save on state tax as well. Reduce the number of days you worked to pay the government instead of yourself with this Tax Tip video. In this brief video you will learn six last-minute actions you can take to this year’s tax bill:
All courses and articles are for informational purposes only and do not constitute tax advice. Taxes are complicated - do not act on course information without consulting a professional. Always refer to treasury regulation before making any tax decision. Read the full disclaimer.
I just completed the 1099-NEC/MISC course - this was very helpful to me. It is greatly appreciated.- Tammy L, Anchorage, AK, 1099-NEC & 1099-MISC Course (Training Edition) Course
Jam packed with info. I feel ready to finalize the year and tackle my taxes!- Cassie, Biloxi, MS, Real Estate Agent Tax-Cut Library, Agent Edition Course
Your course gave me the confidence to file taxes for the first time in the history of our homeowner association!- Deni, Colorado Springs, CO, 1120-H Basics Course
I haven’t practiced in the accounting field in quite some time and wanted a refresher. The Overnight Account course 1099-Misc Basics was very helpful! It was simple to follow along and understand each section. I would highly recommend this course! Staff were quick to answer my question as well. I love that I can review the modules again, if needed, at any time. I will definitely be using them again for more classes.- Tammy, Anchorage, AK, 1099-MISC Basics (Training Edition) Course
The course was excruciatingly detailed, which I appreciate. I definitely recommend this course to anyone who even thinks they may need it.- Greg, Brookfield, IL, 1099-MISC Basics Course