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Book details
  • Genre:BUSINESS & ECONOMICS
  • SubGenre:Taxation / Small Business
  • Language:English
  • Pages:240
  • eBook ISBN:9781620950265

How To Save Money By Ensuring That Your Tax Returns Have Been Properly Prepared

by Milton G. Boothe

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Overview
This publication is an absolute must have for anyone who files a Form 1040 tax return. This publication will enable you to prepare almost any Form 1040 tax return without any prior tax knowledge.  You can literally increase your income tax refund by thousands of dollars by learning how to claim all the tax deductions and tax credits you are entitled to. Preparing your tax returns yourself is not as daunting a task as your paid tax professions make it out to be - you can do this yourself and save hundreds of dollars each year. Unlike most other tax publications, this publication is comprehensive but easy to understand publication has been compiled specifically with the taxpayer in mind. It is intended to simplify the complex tax code, and to enlighten the taxpayer so that you can know in advance what tax benefits you should receive on your tax return. You will no longer be at the mercy of your (probably incompetent) tax professional, but will be in a position to challenge him/her if your circumstances are not reflected on your tax return. This publication explains every line on the Form 1040 tax return, and in doing so, makes it absolutely clear that preparing your own taxes is not as daunting a task as many of you might perceive it to be. So, for those of you who wish to take on the challenge and prepare your tax returns yourself, you will definitely find this publication to be a very powerful resource tool. Following the guidelines in this publication will enable you to prepare almost any Form 1040 tax return. The publication will also be a valuable study guide for those who are preparing for the IRS competency examination, to become a Registered Tax Return Preparer. Milton G Boothe is an IRS Enrolled Agent with over twenty years of tax and financial accounting experience, including three years at PricewaterhouseCoopers. He is also a British qualified Chartered Accountant. He is currently employed in private tax practices where he helps people resolve their tax problems, minimize their taxes, and routinely represents the interests of taxpayers before the Internal Revenue Service. As an Enrolled Agent (EA) Boothe is a federally-authorized tax practitioner who has technical expertise in the field of taxation and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the IRS for audits, collections, and appeals.
Description
Are you claiming all the tax credits and deductions that you are eligible for? You can literally increase your income tax refund by thousands of dollars by learning how to claim all the tax deductions and tax credits you are entitled to. Why throw away your hard earned money to negligent or incompetent tax preparers? This publication will enable you to prepare almost any Form 1040 tax return without any prior tax knowledge. Preparing your tax returns yourself is not as daunting a task as your paid tax professions make it out to be - you can do this yourself and save hundreds of dollars each year. This publication aims to educate you, the taxpayer, on how you can “optimize” your tax return. Optimizing your tax return, essentially means claiming all the deductions and credits that you are legally entitled to, thus maximizing your tax refund, or minimizing your tax liability, if one exists. Unlike most other tax publications, this publication has been compiled specifically with the taxpayer in mind, and although very comprehensive, it is also concise, and very easy to understand. This publication is very “reader friendly”—having been compiled in layman’s terms, using simple language, and avoiding tax jargon as much as possible, as it breaks down the relevant areas of the tax code into understandable segments. The reader, therefore, does not need to have any prior tax knowledge to easily follow what’s contained therein. No longer do you have to be daunted by the complexity of the tax code. Unlike most other tax publications, this publication is comprehensive but very easy to understand. It is intended to simplify the complex tax code, and to enlighten the taxpayer so that you can know in advance what tax benefits you should receive on your tax return. You will no longer be at the mercy of your (probably incompetent) tax professional, but will be in a position to challenge him/her if your circumstances are not reflected on your tax return. This publication explains every line on the Form 1040 tax return. So, for those of you who wish to take on the challenge and prepare your tax returns yourself, you will definitely find this publication to be a very powerful resource tool. Following the guidelines in this publication will enable you to prepare almost any Form 1040 tax return. Furthermore, you need to take into account even the basic savings you can enjoy by just doing it yourself. (The average cost of preparing a typical 1040 tax return can be upwards of $400.) Milton G Boothe is an IRS Enrolled Agent with over twenty years of tax and accounting experience. He is also a British qualified Chartered Accountant. He is currently is employed in private tax practices where he helps people resolve their tax problems, minimize their taxes, and routinely represents the interests of taxpayers before the Internal Revenue Service. As an enrolled agent (EA) Boothe is a federally-authorized tax practitioner who has technical expertise in the field of taxation and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the IRS for audits, collections, and appeals.
About the author
Milton G Boothe is an IRS Enrolled Agent with over twenty years of tax and financial accounting experience, including three years at PricewaterhouseCoopers. He is also a British qualified Chartered Accountant. He is currently employed in private tax practices where he helps people resolve their tax problems, minimize their taxes, and routinely represents the interests of taxpayers before the Internal Revenue Service. As an Enrolled Agent (EA) Boothe is a federally-authorized tax practitioner who has technical expertise in the field of taxation and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the IRS for audits, collections, and appeals.