What's the best book on reducing tax liabilities? For context, this would be in a yuppie job/tiny apartment or van combo.
Fun Fact: I recently learned that it's possible to make donations to Goodwill to write off as a deduction. How neat.
Best book/resource on reducing taxes?
Re: Best book/resource on reducing taxes?
You must itemize to take the deduction.
https://en.wikipedia.org/wiki/Itemized_deduction
.... to answer your question... this is the best book:
https://www.irs.gov/pub/irs-pdf/i1040gi.pdf
ETA: It is good to know a little about each line item in case you are suddenly presented with an opportunity that is made significantly better or worse because of the tax consequences. For instance, I would be much less enthusiastic about our property management gig if our free rent was considered taxable income.
https://en.wikipedia.org/wiki/Itemized_deduction
.... to answer your question... this is the best book:
https://www.irs.gov/pub/irs-pdf/i1040gi.pdf
ETA: It is good to know a little about each line item in case you are suddenly presented with an opportunity that is made significantly better or worse because of the tax consequences. For instance, I would be much less enthusiastic about our property management gig if our free rent was considered taxable income.