Tax Tips for 2020

As 2020 comes to a close, finally, many of us start thinking about taxes. We should have thought about tax-saving strategies at the start of the year, but, you know, we were too busy worrying about how to pay off our 2019 holiday credit card bills. Here are some links for tax tips that may still be useful for the 2020 tax year As far as I know, 2020 federal taxes are due April 15. 2021. And, since I know you didn’t overspend this holiday season, you can put some strategies into place in January that will help with your tax bill for 2021. Remember, your president only paid $750 in taxes while he was running and in his first year in office.

Trump's taxes: What you need to know - BBC News

There are plenty of other sites, including sites that focus on business owners, clergy, parents, and other groups with special tax prep needs. Just search for “taxes 2020 ____.”

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