Cut Your Taxes

Leonard, Devin
April 2009
Best Life;Apr2009, Vol. 6 Issue 3, p30
The article offers tips on reducing taxes. Before the year ends, one must consult with his/her accountant to discuss ways to minimize tax exposure. Homeowners who insulate homes and buy energy-efficient appliances such as boilers, could avail tax breaks instituted by the U.S. Congress. In order to avoid double taxation, falling stocks should be sold and losses should be deducted by mutual funds. Municipal bonds should be purchased while long-term capital gains should be selected. INSET: TAX TIPS FOR A POST-BAILOUT WORLD.


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