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How to Cut Your Taxes Without Your Accountant’s Help | Taxes and Tax Information

How to Cut Your Taxes Without Your Accountant’s Help

Tip! Donate your old clothes and furniture to your favorite charity. Cleaning out the attic, the closets, that spare room, and the garage is not only purifying but will help to decrease your taxes.

Have you ever considered all the taxes you’re forced to pay on utiltiy and phone bills?

Check out your recent phone or cell phone bill- look at all the taxes! The city, state and federal government all feel they have a right to make you pay them for having a phone. If you have a second phone line for data purposes, the taxes likely exceed the cost of the line.

How To Legally Avoid Taxes. New Product. Great niche market.

Most people merely sigh and unhappily pay these taxes, thinking there is nothing that they can do about them.

Remember that you are paying those taxes with hard-earned money that you have already been taxed on once. This is essentially double taxation!

Add up those cumulative taxes, month after month, year after year. You are unnecessarily paying is a lot of money! Eliminating all those taxes could save you several hundreds, if not thousands of dollars over time.

Now, you can eliminate virtually all those taxes on your phone bill.

The answer is digital phone service or VoIP (Voice Over Internet Protocol). This is using a broadband (high-speed) Internet connection for the regular phones in your home. You don’t have to sit at the computer with a headset on. You use the phones you now have. The difference is that the signal is now carried over the Internet to the other person’s phone.

This also eliminates need for the regular phone company.

Tip! State and Local Taxes: Depending on where you live, you will face a variety of state and local tax requirements. All but nine states (Alaska, Wyoming, Nevada, Florida, Tennessee, South Dakota, New Hampshire, Texas, and Washington) have state personal-income taxes.

The good news and savings is that the Internet is not taxed. There are usually just a few ($2-3) dollars a month taxes on VoIP service, but it is far less than what you are paying on your traditional phone service.
You’ll also save because most VoIP services cost much less than regular phone service. They also include free almost every feature imaginable that the other phone companies charge you separately for as add-ons.

You will also have free long distance with VoIP.

89% of U.S. households are broadband capable, so they could easily try VoIP. Even if you upgraded your Internet from dial-up to broadband to try VoIP phone service, you would still be ahead on savings. The cost of the broadband plus VoIP service likely will be less than you are now paying for your old phone service. This way you would gain high speed Internet for essentially free.

Tip! Make sure you pay in enough taxes to avoid penalties. Uncle Sam charges interest and penalties if you don’t pay in at least 90% of your current year taxes or 100% of last year’s tax liability.

A few VoIP providers also have the added capability of using a video phone on their service. Imagine actually seeing your loved ones or business associates when you talk to them on the phone. You can have all this for less cost than traditional phone service.

For more information about how you can save on your taxes, and learn about selecting a VoIP carrier, please visit our site.

Copyright 2006. All Rights Reserved

Paul Myers is President of Ph.Developments USA, Inc. and webmaster of

http://www.video-phone-home.com/

A site dedicated to helping people discover video phones and save money on telecommunication services.

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