Tax Saver Series (Standard Vs. Itemized) Deductions - 2019
What you'll learn
- How to make decision to go for standard deduction or itemized deduction in a given year
- Key steps to be taken and tax planning tips for saving tens, hundreds or even thousands of dollars in taxes
- The most crucial line item on your Individual Tax Return (Form 1040) to save the most money
- The Case study to ponder your thoughts on renting vs. buying a home under new tax reform
- Avoid surprise by identifying whether you will be saving taxes or paying more in taxes under the new tax reform?
- Become familiar with few of the new tax forms
Requirements
- All Levels
Description
Do you have any fear or confusion about new tax reform called Tax Cuts and Jobs Act of 2017? Are you curious to dive deeper into it and formulate few strategies for maximizing your tax deductions on a personal level? How you could be legally eligible for a tax deduction of $12,000 to $24,0000 without spending a dime? For almost 12 years I have helped individuals, professionals, and small to medium size business owners, just like you in tax accounting, tax preparation, tax planning & tax resolution. This course is designed to take you through the same journey as some of my clients would go. I have seen a glowing face when I shared some of these tax tips about to share with you. Hope you also would have the same experience. This one line item on Form 1040 will affect millions of taxpayers across United States under the new tax reform. But you’re ahead of the game by joining with me now.
I will respond to your queries within the scope of the content discussed (ONLY) in this course at the Q&A section on a weekly basis up until October 10, 2019. Please look for new course series after that as you are well aware about the fact that tax law changes quite often.
Disclaimer:This course is designed for educational purpose only and sold with the understanding that the instructor is not engaged in rendering, legal, tax, accouting or other similar professional services. If legal, tax advice or other expert advice required, the services of a competent professional person should be sought. While the legal, tax and accounting issues discussed in this material have been reviewed with sources believed to be reliable, concepts discussed can be affected by changes in the law or in the interpretation of such laws since this was published. For that reason, the accuracy and completeness of this information and the instructor's opinions based thereon cannot be guaranteed. In addition, state or local tax laws and procedural rules may have a material impact on the general discussion. As a result, the strategies suggested may not be suitable for every individual. Before taking any action, all references and citations should be checked and updated accordingly.Any accounting, business or tax advice contained in this communication is not intended as a thorough, in-depth analysis of specific issues, nor a subtitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. Results could vary based on individual situations. You would be responsible for your own decisions and actions, or consult with your own tax advisor.
Who this course is for:
- Taxpayers who wants super simple way of learning few key concepts behind standard deduction and itemized deductions.
- A U.S. Person who has an obligation to file individual income tax return
Instructor
I am Grapeson Wilson, a licensed CPA in the State of Texas based out of Houston. I brainstorm with business owners to formulate strategies that they can implement to make their business more profitable and take off their business to the next level. I help taxpayers to resolve tax problems with IRS. My main focus is on tax accounting, tax planning, tax preparation & tax resolution for both business and individuals.
My interviews, knowledge have been published or quoted Internationally and nationally in more than 155 media outlets with more than 10 Million potential audiences. Newspapers, Broadcast Media, Online News Sites & Other Influencers, Financial news services and the list go on. Media outlets from the United States, the United Kingdom, Canada, Germany, and several other nations broadcasted the knowledge shared. U.S. News & World Report, Reader’s Digest, USA Weekly, Voyage Houston, Credit Karma, Markets Insider, Market Watch, various Business Journals, FOX40, ABC-6, NBC-29 to name a few.