As an experienced tax attorney, Gary R. Dettloff understands how taxes can weigh heavily on the shoulders of ordinary folks throughout the whole year. According to Gary R. Dettloff, the tension ratchets up even higher as the deadline draws near. Below, he outlines a number of ways that people can reduce their stress.
 
Interviewing Experts: Is it true that most people put off their taxes until the last minute?

Gary R. Dettloff: For many people, that is true, however, advance preparation can actually save people money by keeping their affairs in order throughout the year.  I often share some tips with my clients to help them plan.

Interviewing Experts: Give us an example of such a tip.

Gary R. Dettloff: For example, if the individual makes a donation to a favorite charity by December 31, it can be claimed on a tax form immediately.  Waiting too long might lose the benefit, or delay it for a time.  But “how” to do it is also important. [Read more…]