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The Pay-Less-Tax Man

This is the one tax man you do want to hear from! Shrewd—legal—secrets for paying less taxes to Uncle Sam…and keeping more for yourself and your loved ones.

Tax Breaks for Gains and Losses on Small Business Corporations
The Pay-Less-Tax Man

Tax Breaks for Gains and Losses on Small Business Corporations

Edward Mendlowitz, CPA, ABV, PFS | July 23, 2018

There are many potential tax breaks for gains and losses on small business corporation stock, but also many rules that must be followed.

How Trusts are Taxed
The Pay-Less-Tax Man

How Trusts are Taxed

Edward Mendlowitz, CPA, ABV, PFS | June 25, 2018

Trust taxation rules are complicated, but this rundown of the most popular trust types and their tax status will give you a good basic understanding.

Estate Income Tax Planning for People with No Taxable Estates
The Pay-Less-Tax Man

Estate Income Tax Planning for People with No Taxable Estates

Edward Mendlowitz, CPA, ABV, PFS | May 28, 2018

Even if your estate won’t be big enough to owe estate tax, to save money, there are tax rules—and tax-planning moves—you should know about.

Post-Tax-Season Planning Tips for 2018
The Pay-Less-Tax Man

Post-Tax-Season Planning Tips for 2018

Edward Mendlowitz, CPA, ABV, PFS | April 30, 2018

Now that tax season is done, here’s how to switch into tax-planning mode and make your 2018 taxes as low as possible.

10 Tax-Smart Ways to Give Charitable Donations
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10 Tax-Smart Ways to Give Charitable Donations

Edward Mendlowitz, CPA, ABV, PFS | April 2, 2018

Here are 10 ways to make charitable donations that will get you the largest tax deductions possible.

A Dozen Tax Breaks for Education Expenses
The Pay-Less-Tax Man

A Dozen Tax Breaks for Education Expenses

Edward Mendlowitz, CPA, ABV, PFS | March 5, 2018

There are many tax breaks that can save parents and students money on the cost of college, primary and secondary education. Here are 12 of them.

New Tax-Planning Opportunities for 2018—Start Making these Moves Now
The Pay-Less-Tax Man

New Tax-Planning Opportunities for 2018—Start Making these Moves Now

Edward Mendlowitz, CPA, ABV, PFS | February 5, 2018

Even if you haven’t finished preparing your 2017 tax return, now is the time to consider these powerful tax-planning moves to reduce your taxes for 2018.

Choose Your Self-Employed Retirement Plan—Starting Right Here
The Pay-Less-Tax Man

Choose Your Self-Employed Retirement Plan—Starting Right Here

Edward Mendlowitz, CPA, ABV, PFS | January 8, 2018

If you’re self-employed, you need to set up a retirement account yourself to cut taxes and insure your future. Here are different plans to choose from.

It’s Last Call for these Tax Deductions
The Pay-Less-Tax Man

It’s Last Call for these Tax Deductions

Edward Mendlowitz, CPA, ABV, PFS | December 11, 2017

With big tax changes coming for 2018, here’s what taxpayers should do before the end of 2017 to save on taxes.

Why “Tax Time” Is Now—And You Should Do These 10 Things in November or December
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Why “Tax Time” Is Now—And You Should Do These 10 Things in November or December

Edward Mendlowitz, CPA, ABV, PFS | November 13, 2017

Here are 10 tax-saving moves that everyone should consider making before the year ends to save on taxes.

Substantiate Your Deductions…Or Kiss Them Good-bye
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Substantiate Your Deductions…Or Kiss Them Good-bye

Edward Mendlowitz, CPA, ABV, PFS | October 16, 2017

Many tax filers claim legitimate deductions only to have them disallowed because they can’t substantiate them. Here’s how to prove all your deductions.

Second-Marriage Tax Considerations
The Pay-Less-Tax Man

Second-Marriage Tax Considerations

Edward Mendlowitz, CPA, ABV, PFS | September 15, 2017

Tax issues with a second marriage are much more complex than with a first marriage. Planning beforehand can save a lot of time, worry and money later.

Inherited an IRA? What You Need to Know
The Pay-Less-Tax Man

Inherited an IRA? What You Need to Know

Edward Mendlowitz, CPA, ABV, PFS | September 15, 2017

IRAs are fraught with tax traps and complicated transfer rules, making the unaware subject to unexpected and potentially high taxes and penalties.

The Worst Investments You Can Make from a Tax Standpoint
The Pay-Less-Tax Man

The Worst Investments You Can Make from a Tax Standpoint

Edward Mendlowitz, CPA, ABV, PFS | September 15, 2017

These 14 investment mistakes can be very costly tax-wise. Use these strategies to avoid or minimize your taxes from investing transactions.