The Year 2022's Finest Tax Preparation Guides

Oct 10, 2023 By Triston Martin

As the name implies, filing your taxes may be a drain on your time and energy. There are a lot of forms to fill out, and it may be costly if you don't know what you're doing. And because the tax code is always evolving, you must brush up on your knowledge of tax matters before tax season rolls around.

Everyone, from individuals to company owners to freelancers, can benefit from the guidance provided in tax preparation publications. These guides may all include tax credits and deductions, audit avoidance strategies, and other helpful information. Books for filing your taxes are listed here.

How To Pay Zero Taxes

The principle of "How to Pay Zero Taxes" is straightforward: if you have the appropriate information, filing your taxes will be less of a burden, and you'll save more money than ever. Jeff Schnepper, a tax specialist, has written an engaging book to help you navigate tax law without exhausting your brain or wallet.

You'll also discover helpful tips on a wide range of issues, such as how to figure out the true cost of caring for a kid or older adult, how to get the most out of your company deductions, and how to weather an audit should you be one of the unlucky few to face one.

Schnepper has been penning this series for over 30 years, but this revised and updated edition has all you need to know about the newest tax law changes and hundreds of simple ways to save money. Both businesspeople and amateur record keepers can benefit much from this essential publication.

J.K. Lasser's 1001 Deductions and Tax Breaks

This book is a great place to start learning if you don't know the first thing about taxes. This is more than just a list of things you may write off; you'll also learn about current changes to the law, the kinds of income that are never taxed, proper deduction procedures, and how to evaluate your financial records like a professional accountant.

Get your W-2s and other proof of income before you start this book, and you'll be ready to start saving money as soon as you flip the first page. The online supplement to "1001 Deductions," which has been updated to reflect the most current changes to the tax law, is a comprehensive source of up-to-date information on all aspects of the legislation about taxation.

Best Short Read: Taxes Made Simple

If you know a little more than nothing about taxes but not much, this one is for you. All the information you should have learned in a personal finance course but probably didn't will be laid out here, from the definitions of key financial concepts to the best ways to position yourself to take advantage of tax breaks and other opportunities to reduce your taxable income.

As a bonus, you'll learn more about the precise tax forms you need to file for the year based on your occupation, your personal information, and the rules in your state. You'll be able to perform your basic taxes or conduct an effective interview with a prospective accountant.

Get What's Yours

You should read this book if you or a loved one are retiring. The Social Security system in the United States is notoriously difficult to navigate, with roughly 3,000 regulations dictating when and how benefits are disbursed.

Make the wrong choice in what to apply for or when to apply, and you might lose tens of thousands of dollars yearly. You may avoid common pitfalls and maximize your reward by applying the lessons learned from these real-life examples and decades of experience in financial planning.

Expert advice and guidance are presented in an approachable manner, making it accessible to readers of varying cognitive abilities.

Saving the Family Cottage

The tax consequences of owning a vacation house as a family might be severe. Even if everyone gets along, things may get difficult quickly when you inherit a property in which numerous people have an interest.

You can save your heirs from fighting over your estate with some forethought. Real estate owners will learn from "Saving the Family Cottage" how to set up a legal procedure to safeguard their property for future generations, saving themselves a lot of stress in the process.

Here you'll learn strategies for protecting your house from creditors or money-hungry ancestors you haven't spoken to in years. Important information is provided on how to protect the peace in the family while passing the home from one generation to the next and how to prevent one party from selling the home on their own.

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