Tax, it's not a dirty four letter word, however for many individuals its connotations are far worse than any curse. It's been found that high tax rates generally relate to outstanding social services and standards of just living. Developed countries, where the tax rate exceeds 40%, usually have free health care, free education, systems to care for the elderly and an advanced life expectancy than individuals with lower tax rates.
2) Have you participating within your company's retirement plan? If not, not really try? Every dollar you contribute could reduce your taxable income and lower your taxes to sneaker.
Form 843 Tax Abatement - The tax abatement strategy really creative. Usually typically useful taxpayers who've failed taking care of taxes transfer pricing only a few years.