Sebastian, Florida…While it may be summer it doesn’t mean the money-meter still isn’t ticking on the taxes you need to pay to the IRS come April 15th. In addition to threat of sunburn, nascent melanoma, the fear of dehydration and two weeks in the car and on the road through Yellow Stone National Park for family vacation, summer does in fact bring its own seasonal opportunities for tax deductions, and The Tax Saving Professionals has reproduced, reprinted and repackaged its own special version of the IRS’s “2013 IRS Summertime Tax Saving Tips.”
While the “bulletin” may not be as hot a summer read as “Freud’s Mistress” by Karen Mack and Jennifer Kaufman, The Tax Saving Professionals Summertime Tax Bulletin drags you in with a financial plotline that will keep you turning pages. To be sure, whether male or female, it’s a mature read — meaning you’ve got to be earning an income to enjoy it, but there’s still a little economic insight for everyone. Whether you’re sending your kids to camp this summer, or find yourself in that part of the country that suffers from natural disasters, believe it or not, there’s an IRS tax tip for you.
Perhaps you’re starting a business, or even a new relationship — as in “getting married” the IRS wants you to know they are reviewing the important June 26 Supreme Court decision on the Defense of Marriage Act and they “will move swiftly to provide revised guidance in the near future.” The IRS has outlined these five assorted “tips for taxpayers” that might be common and well understood and in other cases, not so much. Take for example the “tips for taxpayers who travel for Charity Work” — if you are in the “fundraising or charitable contributions business” you’ll probably find these tips interesting and useful.
Each of these 5 Tax Saving Tips are worthwhile and potentially valuable (meaning by adhering to these “tips” you’ll save on your taxes) and after all, saving money on your taxes is a good thing. In fact, it’s such a good thing, The Tax Saving Professionals has developed a treasure trove of more than 400 proven, proprietary and time-tested strategies for high net worth clients, such as bankers, brokers real estate developers, car dealers and other high income earners and business owners. Give these IRS tax tips a look-see and use what makes sense for you. Regardless of which of these Summer Time Tax Tips may work for you, no matter who you are, where you are, or what you do this summer, always use sun screen.