Whether you’re a wage earner, an investor, a business owner, or all three, you should take advantage of the available tax-cutting benefits. There is little to be gained by paying more tax than the law demands.

Identify the tax-savers for which you qualify. Below is a tax-cutting checklist to get you started and check our “Tax Tips”(link this to tips below). Check to see if there are tax breaks you are overlooking.

Roth IRA
Rollover to Roth IRA
Tax-deductible IRA
Child tax credit
Child care credit
Earned income credit
Education savings accounts
Hope scholarship credit
Lifetime learning credit
Best filing status
Adoption expense credit 
Rental property

Make a checklist of everything you spent money, then let us decide if you can deduct the expenses. You'll need to have all the necessary forms at your fingertips. Remember to bring: all documents containing income information (W2s, alimony, social security, lottery/gambling, savings account and investment statements, etc.), your driver's license, and social security numbers for spouse and dependents.

Current clients can contact our offices at (202) 398-5571 if you have questions or want more information on these and other strategies that could reduce your taxes.

Email Us: Joseph@josephbarnestaxes.com

Contact  Us: 202-398-5571