For those in the USA:
What are you doing to reduce your 2015 tax load?
deductions nigga
>What are you doing to reduce your 2015 tax load?
The time to ask this question was back in 2015. Now all you've got left is basically IRA contributions and HSA deposits.
>>1106946
I'm working a below minimum wage job to minimize my tax load.
Question...My single member LLC generated $45K last year. Expenses are around $30K so didnt make too much profit. I want to buy a $100K house this year so is showing more profit ($25K) in taxes is a good idea for this purpose?
>>1106946
I usually invest in my business in ways that benefit me personally as well. That way I can run a loss, get extra money back, and not really lose anything. With all the corporate welfare out there, why should I take a hit?
>contributing to a tax deferred retirement account
>deducting student loan interest
>"first tune home buyer" tax incentives
Thats pretty much it.
>>1107784
Bumpy
>>1106946
I give my taxes to a CPA so I don't have to handle the workload myself.
>>1106946
Offshore accounts derp
>>1106946
Maxed 401k
Maxed HSA
Backdoor Roth IRA
>>1107863
And ya, the backdoor does nothing to reduce taxes...
Standard deduction.
