One of the best ways to lower your tax bill is to reduce your taxable income. You can contribute to up to $17,500 to your 401(k) or similar retirement savings plan in 2014 ($23,000 if you are 50 or older by the end of the year). Money contributed to the plan is not included in your taxable income. Haven't started one yet?
AMJ Bookkeeping LLC helps individuals and businesses in the community prepare their taxes, manage their finances and plan for the future!
