Albert Einstein once said, “The hardest thing in the world to understand is income tax.” And if Einstein himself couldn’t decipher the tax code, where does that leave the rest of us? If you have tax troubles, the first book in the new “just plain smart” Advisor Series from H&andR Block, The Tax Planning Advisor, should clear up some of your problems. It gives taxpayers straightforward, practical guidance on everything from how long to keep tax records (six years) to common audit triggers (big deductions for charitable contributions and home office expenses).
H&andR Block will help you cultivate a year-round tax mind-set so you can identify ways to save January through December. Admittedly, talking taxes can be dry, but The Tax Planning Advisorspices things up with scenarios from real-life tax situations and quick tidbits in sections such as “Fast Facts,” “Smart Steps” and “Plain Talk.” The H&andR Block expertise is key in deciphering deductions, because 2.2 million people overpay each year by claiming the standard deduction rather than itemizing. Wouldn’t you like to have an extra $438 (the average overpayment) rather than giving it to Uncle Sam?