ACC 307 Federal Taxation

Accounting
Tutor: None Selected Time limit: 1 Day

Recommend at least two (2) tax-planning strategies that taxpayers could implement in order to ensure that the itemized deductions exceed their standard deductions, including those deductions that do not require itemization in order to reduce tax liability. Provide support for your recommendation.

Aug 5th, 2015

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strategy 1: in case the education expenses are related to self employment business then write off 100% of the expenses against the business income.

strategy 2  :deductions to be itemized incase total deductions are more than the standard deductions amount.

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Aug 5th, 2015

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Aug 5th, 2015

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