I live in Wisconsin.
One more question. How possible to reduce taxes making investment to bonds and shares? Please.

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you can't reduce your exposure to W2... except mortgage. There is no other ways...

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Тост про женщин: Не так хорошо с Вами, как плохо без Вас

ps, you can come up with some creative stuff - like deducting air conditioning cost of you have asthma for example... but it is all small stuff...

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Тост про женщин: Не так хорошо с Вами, как плохо без Вас

Do you know maybe some web-site where possible to read info about any CPA? How much is good or bad CPA?

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I know I can deduct utility bills. And it is proportional to size of home - office.
But interesting, if my office is located in the basement or takeone of the rooms upstears, how to deduct size of this office ? Should be some difference.

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Okay, thank you. If you'll know something interesting , let me know, please. I am very very interesting to know all about it.
Have a nice day!

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How possible to reduce taxes making investment to bonds and shares? Please.
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municipal bonds are for the most part tax exempt.

Subscribe to a good publication to learn about all this stuff...
There are many magazines, where bit by bit you can learn.
Child care expenses could be partially deductible, same goes for education and medical expenses. Home equity loans interest is deductible. 529 plan contributions for child'e education are deductable from state (?) taxes ( ?I think this is how it is). Take all worn clothes into Goodwill or the like place, you can price each bag at $250. Most memberships at museums, many local organizations are partially deductible. If you have a hobby, for 3 years you can write off many expenses ( I could be wrong at this, never done it myself).
And so it goes.....every penny counts:-D

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Happy New Year to all! Virtual hugs!

if you have a hobby, you can deduct the expenses on schedule A, up to the amount of the income generated by the hobby. If your hobby produces a profit for three (out of 5) years, then the losses can be deducted against your other income (I believe).

municipal bonds are for the most part tax exempt.
Как я могу узнать какие акции муниципальные, а какие нет? насколько надёжны они? Как меняется их стоимость (быстро, медленно)? Где их можно купить?

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