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  2. 8 Things You Can Do Now to Reduce Your Tax Bill - AOL

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    If you plan on investing in fixed-income investments like bonds or dividend stocks, it can save on taxes to keep them in tax-advantaged accounts. Since these income-producing investments pay out ...

  3. 15 Self-Employment Tax Deductions You Should Know - AOL

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    There are dozens of self-employment tax deductions, including advertising, retirement contributions, health insurance, self-employment tax deduction, travel expenses, business insurance, car ...

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  5. Tax cut - Wikipedia

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    An income tax rate cut reduces the percentage of income that is paid in tax. Deduction: A reduction in the amount of the taxed item that is subject to the tax: An income tax deduction reduces that amount of taxable income. Credit: A reduction in the amount of tax paid. Credits are usually fixed amounts.

  6. Tax preparation in the United States - Wikipedia

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    Tax preparation may also be done by a licensed professional such as an attorney, certified public accountant or enrolled agent, or by an unlicensed tax preparation business. Because United States income tax laws are considered to be complicated, many taxpayers seek outside assistance with taxes (53.5% of individual tax returns in 2016 were ...

  7. 10 Money-Saving Tax Moves You Can Still Make Before ... - AOL

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    It’s never too early to start thinking about tax season.The holidays are currently in full swing, but December 31 is the last day you have to make a variety of 2023 tax moves.

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