9 Ways to Pay Less Taxes

medical bills

9) Stay on Top of Medical Bills

Keeping track of medical expenses is crucial when filing your yearly taxes. Collecting receipts for bandages, first aid, doctor visits, eye glasses, and more for fees that exceed ten percent of your adjusted gross income will come in handy for claiming deductions on qualified medical expenses. This is a great way to make up for anything not fully covered by insurance or unexpected emer-gencies. This sort of organization will also help prevent the burden of rapidly accumulating fees associated with late payments or failure to pay. Automatic debit plans are great for routine timely payments and maintaining all records in a safe online database.

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