Deduct Everything!: Save Money with Hundreds of Legal Tax Breaks, Credits, Write-Offs, and Loopholes

by Eva Rosenberg

Award-Winner in the “ Personal Finance/Investing” category of the 2016 International Book AwardsKEEP MORE OF YOUR HARD-EARNED MONEY AT TAX TIMEThe tax code may be bloated, but that doesn’t mean your check to the IRS has to be. Let Deduct Everything! be your ultimate guide to lowering your annual tax bill.This comprehensive guide to legal deductions, credits and loopholes • Rules of thumb for record-keeping and how to stay organized• Secrets to mortgage, tax and insurance deductions• Maximizing work-related expenses• Making the most of medical expense and health savings accounts• Strategies for utilizing deductions and credits for education• Lots of tips on how to make more money-some of it tax-free

Genres: Business, Audiobook

301 pages, Kindle Edition

First published February 23, 2016

Reviews

[Vikram X · Rating 3 out of 5]

Rosenberg does provide a ton of useful and somewhat practical tips on maximizing deductions like going green Solar panels , credits from selling electricity on the grid , renting out space , converting your extra rooms into spa for dogs !

Depending on how much you are into deductions there are definitely pros and cons to various tips and ideas ; common thread being – get ready to take a lot of notes , track receipts and hunt down various 1099 forms and hire a tax pro .

[Paul LaFontaine · Rating 3 out of 5]

The tax code is complex and the author tackles the depth of the topic with 270 tips about how to deduct various expenses to reduce taxes. Styling herself as the "Tax Mama" her approach is conversational.

This book exemplifies where expertise in taxes poorly translates into skill in sharing information about how taxes work. Structurally, the book lists an undifferentiated list of tax deductions so the reader is forced to comb through them to determine what is relevant and what is not. An example of this is a significant section with several tips on how to turn your home into a dog kennel. As irrelevant as that is, as a reader you have to plough through or around it. As a way to focus on what to learn, this is the least efficient way to approach it.

Can't recommend.

[Jennifer · Rating 3 out of 5]

Had good information, especially when it came to retirement, charity, tips on not getting scammed though was a bit boring to start, Im aware I didn’t come into this thinking that a tax book is going to be the most riveting thing I read this year 🤷🏻‍♀️ but found some information a bit outdated and wish it had better structure for skip ahead to find things that are more pertainablr to me. Overall, still learned a good deal and still got through the book, to my surprise.

[Spike · Rating 5 out of 5]

5 Stars for a taxation book?? Why yes! If you're looking to geek out on ways to capture all those elusive deductions for those perpetually changing tax rules, this is the book for you. Well organized and easily digested with a hint of Madagascar cinnamon.

[Gregp · Rating 3 out of 5]

5 out of 10

[Alba Monica (Reads) · Rating 4 out of 5]

good stuff to learn here

[Rachel Peterson]

Not much good information in my opinion.

[Karen · Rating 5 out of 5]

mwah hahahaha

[Eric Mabry · Rating 4 out of 5]

An easy read for everything tax deductions. Unfortunately there hasn’t been an update since 2016, so some ideas are outdated and plenty has not been included.

[Kathy · Rating 3 out of 5]

Some great tips.

https://kathskornerdotblog.wordpress....

[Jay French · Rating 3 out of 5]

Hundreds of ideas relating to taxes (they are counted in the book), some you likely already know, some that are more the "far out" variety. While it could be a boring topic, the pace was quite fast, and the audiobook narrator did a great job of keeping the interest level high throughout with her engaging personality. There was a good mix of general info, personal anecdotes, and "battle stories" of tax consultants. I like to think I am at an advanced level of knowledge on personal finance, and I still learned quite a few things, and got some good reminders. In fact, listening in the car on the way home one night a topic related to some banking I had done that day came up, and prompted a hurried phone call - talk about being actionable, this book was that for me. The author has a web business at taxmama.com, and while she pitched some of her training offerings there, those ads weren't the bulk of the book, and the book provided a lot of value beyond being an ad. The only nit I noticed was the occasional reading of web addresses. There are a lot of web addresses listed in the book, and many are read. I find that just wastes time listening to an audiobook while driving.

[William Evans · Rating 3 out of 5]

IRA mandatory distribution age

On page 28, unless the law has changed in the last year the age for income distribution of an IRA is 70 1/2 not 72.

[Jon · Rating 1 out of 5]

the first hour was very very tough to get through, got better after that. still was very loose on many of the terms. if you are looking for real actionable ideas look elsewhere.