Every year a handful of books are published to help people prepare their taxes. These books cover the new tax law changes, provide instructions for preparing a tax return, and offer valuable tips for planning your finances with an eye toward minimizing your taxes. The books listed below are easy to understand, comprehensively cover their topic, and are well-organized so information can be found quickly.
A comprehensive, well organized, and easy-to-read reference guide to preparing a federal income tax return. It is easy to find information on specific tax topics, and the pages are designed for ease of reading, letting you find your information quickly. Why I like it: the explanations are easy to read. Chapter 23 contains the best explanation of the Alternative Minimum Tax I've ever read.
()
Jeff Schnepper's book How to Pay Zero Taxes is a comprehensive guide to tax deductions, tax credits and discusses the relevant tax planning strategies. As the subtitle says, this book covers "every tax break the IRS allows." The focus of the book is on tax planning. Schnepper advocates a solid approach to tax planning: shift taxable income into non-taxable income, or shift taxable income to family members in a lower income tax bracket, increase your tax deductions, and increase your tax credits. Schnepper excels in the discussion of various tax shelters, and giving his opinions on which shelters are better, and which are to be avoided. Schnepper has a knack for recounting news stories and tax-related quotations, which makes the book enjoyable to read.
()
The EY Tax Guide provides comprehensive information on federal income taxes for individuals in a well-organized and highly readable format. The wealth of tips, insights, and tax planning ideas provided by the Ernst & Young tax experts are the strength of this tax guide. Sections of the book cover special tax strategies for expatriates, non-resident aliens, estate and gift tax planning, and how to handle an IRS audit. The individual tax organizer is particularly useful.
()
1. J.K. Lasser's Your Income Tax
A comprehensive, well organized, and easy-to-read reference guide to preparing a federal income tax return. It is easy to find information on specific tax topics, and the pages are designed for ease of reading, letting you find your information quickly. Why I like it: the explanations are easy to read. Chapter 23 contains the best explanation of the Alternative Minimum Tax I've ever read.
()
2. How To Pay Zero Taxes
Jeff Schnepper's book How to Pay Zero Taxes is a comprehensive guide to tax deductions, tax credits and discusses the relevant tax planning strategies. As the subtitle says, this book covers "every tax break the IRS allows." The focus of the book is on tax planning. Schnepper advocates a solid approach to tax planning: shift taxable income into non-taxable income, or shift taxable income to family members in a lower income tax bracket, increase your tax deductions, and increase your tax credits. Schnepper excels in the discussion of various tax shelters, and giving his opinions on which shelters are better, and which are to be avoided. Schnepper has a knack for recounting news stories and tax-related quotations, which makes the book enjoyable to read.
()
3. EY Tax Guide
The EY Tax Guide provides comprehensive information on federal income taxes for individuals in a well-organized and highly readable format. The wealth of tips, insights, and tax planning ideas provided by the Ernst & Young tax experts are the strength of this tax guide. Sections of the book cover special tax strategies for expatriates, non-resident aliens, estate and gift tax planning, and how to handle an IRS audit. The individual tax organizer is particularly useful.
()
SHARE
