If you believe you are paying a lot of income tax, you probably are. There are many deductions and credits that go unused by most taxpayers thus resulting in overpayment of taxes by them.
There are some very attractive tax breaks available for those taxpayers who would like to save towards their retirement. Significant amounts can be deducted in the current tax year (with a major reduction in your taxes) and provide for your long-term retirement benefit.
If you are in your own business you can put away as much as $195,000 or more to your retirement plan in a year and deduct it all in your taxes.
We would be glad to show you some of these options.
