Cash Flow Planning for Life - Helping you reach your personal & professional financial goals.

Cash Flow Planning for Life

Helping you reach your personal & professional financial goals.

Archive for March, 2014

6 Tips to Reduce Your Personal Income Taxes

Posted by Mark On March 26th

When you are reviewing your personal income taxes, it’s important to know all the tax deductions you qualify for.

Personal Income Taxes

This is the second installment of 16 Year-End Tax Tips for 2013
which can also be downloaded from our eBook library.

Here are six tips to consider:

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Do you like to give back to your community or help those in need? Although you can’t deduct the value of your time or the effort you spend on behalf of any charity, you can deduct donations and actual out-of-pocket expenses you incur. Tracking these expenses, like transportation, can generate a nice tax deduction.

Charitable Deductions

This is the first installment of 16 Year-End Tax Tips for 2013
which can also be downloaded from our eBook library.

You do not need to be a board member to qualify for charitable deductions. Here are some deductions affiliated with charitable work that you may not be aware of:

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