I've got 15 Individual Tax Strategies to Avoid W-2 Taxes in 2022 and they're all legit, they're all 100% legal. Don't get yourself in trouble with the IRS by allowing black hat preparers to do sketchy stuff on your tax return. Instead, use these legitimate strategies to take home more at tax time.

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Strategy #9 (14:40)
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The golden rule of saving on taxes is you want to defer your income and accelerate your losses.

So, while you are deferring "some" of your income, it's important that you still have savings in the form of an emergency fund to cover you in the event your income starts to drop. That way you don't end up reversing some of your tax strategies and losing out on some of the savings.


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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

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