Wondering how to do taxes for beginners, how to pay less taxes, how to increase your tax return, or how to pay taxes for cryptocurrency? I’ve got you covered. In this video, I’ll walk you through legally effective strategies to minimize your US tax burden—no shady loopholes involved.
Here’s what I’ll cover:
- Workplace Perks: Learn how to take advantage of commuter benefits, retirement plans like 401(k)s, Health Savings Accounts (HSAs), and Flexible Spending Accounts (FSAs) to lower your taxable income.
- Investment Tactics: Discover how to utilize capital losses, long-term capital gains, and tax-deductible contributions to retirement accounts like IRAs to maximize your savings. I’ll also explain how to manage taxes on cryptocurrency investments.
- Home Deductions: Find out how to benefit from the mortgage interest deduction, home office deduction, and the minimal rental use rule if you rent out your property, even for short-term rentals like Airbnb.
- Education Credits: Get tips on claiming the Lifetime Learning Credit, using 529 plans for tax-free education savings, and deducting student loan interest to reduce your tax burden.
Whether you’re managing side hustles, investments, or just looking to optimize your financial game, these actionable tips will help you keep more of your hard-earned money—all within the law.
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The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
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