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taxtip[0]='Tax preparers whose clients have been audited in the past are more closely scrutinized on the returns they prepare in the future. Be sure your accountant has a good reputation!'

taxtip[1]='When itemizing medical expenses, remember to include any receipts for contact lenses and glasses. They are deductible!'

taxtip[2]='For proof of charitable contributions, a written receipt from the charity is required for donations of $250 or more. A canceled check is acceptable proof for lesser amounts.'

taxtip[3]='Remember to keep good records to support deductions and credits for your small business. Bills, receipts, invoices, mileage logs, and canceled checks are all items to save each year for tax time.'

taxtip[4]='Avoid identity theft! The IRS does not send unsolicited emails asking for PIN numbers or  passwords for financial accounts. Do not reply to or click on anything in such scam emails!'

taxtip[5]='Itemizing your deductions can usually save you money, especially if you own a home. And your accountant can suggest deductions that you might not even know about.'

taxtip[6]='Money or property that is a gift or inheritance is taxable up to $12,000 per year per donee and recipient. The tax is paid by the donor, not by the recipient. It is taxed under the rules for “gift tax” or “inheritance tax”, not “income tax”.'

taxtip[7]='Hobby loss rule-of-thumb: If your freelance business makes a profit for at least 3 out of every 5 years, the IRS considers it a business. Otherwise, you may have to prove it\’s not a hobby.'

taxtip[8]='Union dues are deductible expenses. If they are withheld from your paycheck, keep your pay stubs as proof of payment for tax time.'

taxtip[9]='Ask your accountant for a complete list of all receipts and records that you will need to save for next year’s taxes. This will save you time and money during next tax time.'

taxtip[10]='Keep detailed records as proof of expenses. At tax time, carefully categorize and total those records and receipts. This will save your accountant time – which will save you money.'

taxtip[11]='Remember, having a professional tax preparer do your income taxes isn\’t costing you as much as you think when you see the bill – it\’s a deductible business expense!'

taxtip[12]='Please, go to the doctor when needed! But whenever possible, consolidate  medical procedures and supplies (like contact lenses) into one tax year. This maximizes your deductions.'

taxtip[13]='Insurance benefits from unemployment are considered taxable income, but those from workman\’s compensation are non-taxable.'

taxtip[14]='When discussing an accountant\’s rates, ask if fees are hourly or fixed, and if there are annual or monthly fees. Compare fees, services, and reputation of several firms before you hire.'

taxtip[15]='Your accountant should be someone that you trust. Compare at least three accountants and select the one that best fits your needs. Develop a good relationship with your accountant over time.'

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