Let's face it, no one really likes to pay their taxes…but we all know we have to.
So grab your favorite beverage and put on some good mood lighting because I'm diving into some good tax tips sure to put some extra money back into your bank account.
As Benjamin Franklin said, “In this world nothing can be said to be certain, except death and taxes. However, filing your taxes can be rewarding if taxpayers take advantage of the appropriate deductions. During the 2015 tax season, more than 50 million Americans prepared and filed their tax returns on their own, generating an average refund of around $2,700.*
There are a few keys to maximizing your refund, and our friends at Taxslayer have some good advice about overlooked deductions that will help supercharge your refund. Taxslayer provides online tax prep, and takes the guess-work out of filing (which makes your life so much easier.)
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In this podcast, I share the top 5 tax deductions to maximize your refund, and a few other tips that I think you really should know this tax season. If you've already filed, not to worry. You can always amend your tax return if you missed out on some of these tips.
Tax advice is always personal, and I'm not a CPA, so please take these tips and consult with your own tax preparer to make sure they apply to your personal situation.
The post Top 5 Tax Deductions to Maximize Your Refund | w/ Taxslayer appeared first on Everyday Finance.
Shannah Compton Game is a Money Wellness expert, host of the to-rated Millennial Money podcast, and CERTIFIED FINANCIAL PLANNER with an MBA. Millennial Money has over 15 million downloads in 164 countries. Shannah’s years of experience as a skilled Certified Financial Planner have set her on a mission to revolutionize how people think, act, and feel about their finances…and have some fun doing so.