How to Pay Zero Taxes, 2020-2021: Your Guide to Every Tax Break the IRS Allows - Jeff Schnepper

How to Pay Zero Taxes, 2020-2021: Your Guide to Every Tax Break the IRS Allows

(Autor)

Buch | Softcover
928 Seiten
2020 | 37th edition
McGraw-Hill Education (Verlag)
978-1-260-46170-1 (ISBN)
23,65 inkl. MwSt
Save BIGGER THAN EVER with this fully updated edition of the classic tax-saving guide!

Tax whiz Jeff Schnepper has been helping ordinary taxpayers dramatically lower their tax bills for decades. Now, Schnepper brings his classic guide up to date for the coming tax season.

Presented in language anyone can understand, How to Pay Zero Taxes 2020-2021 delivers everything you need to take full advantage of the newest tax laws—and pay the IRS less than ever before. Schnepper uncovers hundreds of sanctioned deductions, shelters, credits, and exemptions and provides invaluable tax tips you’ll only find here. You’ll learn how to navigate the tax code like a pro and save the maximum legal amounts on:

•   Capital gains and dividends
•   IRA and retirement plans
•   Converting personal expenses into deductible business expenses
•   Charitable deductions
•   Child care and elder care
•   Moving and job-hunting expenses
•   Mortgages and points
•   Investment expenses

Every April, thousands of people around the country pay far more than they have to. Don’t give the IRA one dollar more than the law requires. Use How to Pay Zero Taxes 2020-2021 to keep more of your hard-earned money in your own pocket.

 

Jeff A. Schnepper is the author of How to Pay Zero Taxes, a bestseller now in its seventeenth annual edition, as well as several other books on finance and taxation. He is the financial, tax, and legal advisor to the Transamerica sales force and runs a full-time accounting and legal practice in Cherry Hill, New Jersey. Mr. Schnepper also writes a column for Microsofts online personal finance website, MoneyCentral, and is a tax strategist and advisor for TheTaxPeople.net, and the ORYAN Program. Jeff Schnepper is the author of all 16 previous editions of How to Pay Zero Taxes, as well as several other books on finance and taxation. He is the financial, tax, and legal advisor to the Transamerica sales force and runs a full-time accounting and legal practice in Cherry Hill, New Jersey. Mr. Schnepper also writes a column for Microsoft's online personal finance website, MoneyCentral, and is a tax strategist and advisor for TheTaxPeople.net.

ACKNOWLEDGMENTS                                                                                    
         
CHAPTER 1
Tax Insanity                                                                                       
          
CHAPTER 2
Is It Legal?                                                                                       
         
CHAPTER 3
How Our Tax System Works                                                                    

CHAPTER 4
Exclusions—Tax-Free Money                                                                     

A   Alternatives to “Earned Income”                                                            
              
1.  Hospitalization Premiums                                                                      
2.  Group Life Insurance Premiums                                                             
3.  Group Legal Services Plans                                                                    
4.  Accident and Health Plans                                                                     
5.  Employee Death Benefits                                                                       
6.  Merchandise Distributed to Employees on Holidays                                   
7.  “Expenses of Your Employer”                                                                 
8.  Meals and Lodgings                                                                             
9.  Employee Discounts                                                                             
10.  Workers’ Compensation                                                                        
11.  “Cafeteria” Plans and Flexible Spending Accounts                                     
12.  Dependent Care Assistance Program                                                       
13.  Employer Educational Assistance                                                            
14.  Employee Awards                                                                               
15.  Clergy Housing Allowance                                                                     
16.  Miscellaneous Fringe Benefits                                                     &
nbsp;          

B       Donative Items                                                                             
17.  Gifts, Bequests, and Inheritances                                                            
18.  Scholarships and Fellowships                                                                  
19.  Prizes and Awards                                                                             
20.  Qualified Charitable Distributions (QCDs)                                               

C       Investors                                                                                   
21.  Interest on State and Municipal Obligations                                             

D    Benefits for the Elderly                                                                    
22.  Public Assistance Payments                                                                    
23.  Social Security and Other Retirement Benefits                                          
24.  Annuities                                                                                     
25.  Sale of Your Home                                                                             
 
E       Miscellaneous Individual Exclusions                                                         
26.  Carpool Receipts                                                                              
27.  Damages                                                                                       
28.  Divorce and Separation Arrangements                                                   
29.  Life Insurance                                                                                
30.  Qualified State Tuition (§529) Programs                                               
31.  Your Home—The Mother of All Tax Shelters!                                        
32.  Disabled Veteran Payments                                                                   
33.  Exclusion of Income for Volunteer Firefighters and
Emergency Medical Responders                                                            
34.  Unemployment Benefits                                                                      
35.  Homeowner Security                                         &n
bsp;                                
36.  Reimbursed Costs to Parents of Children with Disabilities                         
37.  Wrongful Conviction and Incarceration                                                  
38.  Restitution Payments                                                                          
39.  Frequent Flier Miles                                                                          
40.  Hurricane Sandy                                                                               
41.  Cancellation of Indebtedness                                                                
42.  Medicaid Payments for Foster Care of Related Individuals                         
43.  ABLE Accounts                                                                                 
44.  Foreign Earned Income Exclusion                                                         

F       Schedule of Excludable Items                                                                

CHAPTER 5
Credits—Dollar-for-Dollar Tax Reductions                                             

A   Estimated Tax and Withholding Exemptions                                                    
B    Credits                                                                                     
45.  Refundable The Earned Income Credit                                                  
46.  Excess Social Security Tax

47.  The Child and Dependent Care Credit                                                  
48.  Credit for the Elderly or Permanently and Totally Disabled                      

C     Special Credits                                                                            
                         
49.  Work Opportunity Credit (Formerly Targeted Jobs Tax Credit)                  
50.  Welfare to Work Credit                                                                        
51.  Research Tax Credit                                                                           
52.  Orphan Drug Tax Credit                                                                      
53.  Adoption Assistance                                                                           
54.  Hope Scholarship Credit                                                                      
55.  American Opportunity Tax Credit                                                     
;    
56.  Lifetime Learning Credit                                                                     
57.  Child Tax Credit                                                                              
58.  Disability Credits                                                                            
59.  Health Insurance Credit                                                                      
60.  Saver’s Credit        

Erscheinungsdatum
Zusatzinfo Illustrations
Verlagsort OH
Sprache englisch
Gewicht 1315 g
Themenwelt Sachbuch/Ratgeber Beruf / Finanzen / Recht / Wirtschaft Geld / Bank / Börse
Recht / Steuern Allgemeines / Lexika
Recht / Steuern EU / Internationales Recht
Recht / Steuern Steuern / Steuerrecht
Wirtschaft Betriebswirtschaft / Management Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre Wirtschaftspolitik
ISBN-10 1-260-46170-X / 126046170X
ISBN-13 978-1-260-46170-1 / 9781260461701
Zustand Neuware
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