We are tax advisers. We make our livings explaining the tax law to people and developing strategies for them to use. We have been consulting with people like you about tax planning for more than 80 years. While the tax law is constantly changing, we provide a framework so you can use the current rules to your maximum advantage.We wrote this book with three goals in mind:• First, to help you reduce your taxes. Many people pay too much tax because they do not know how to reduce their tax. This book shows you how to plan. It is not designed to tell you everything about tax. Rather, it is a collection of the advice we give that saves the most money and helps the most people.• Second, to write a book on tax you can understand. This book explains in easy-to-read language 101 ideas for reducing your taxes. The ideas are short and straightforward. Numerous examples explain the ideas. We have found that when you understand an idea, it is easier to implement.• Third, to alert you to current tax planning opportunities. The tax laws are constantly changing. We include in this book some of the best tax saving ideas under the current law to help you increase your awareness of the newest strategies.How to use this bookThis book includes a Tax Action Plan. It summarizes the 101 Tax Saving Ideas and leaves room for you to make notes. You can complete the plan as you read the book. You can also record your progress in implementing the plan.There are three ways to read this book. One way is to scan the 101 Tax Saving Ideas that are in bold. Use the Tax Action Plan to remind yourself which ideas to consider further.The second way is to read the text of the book, but not the examples. The examples are highlighted in gray so they stand out. You will probably reduce your reading time by half following this approach. For ideas that apply to you, read the entire planning idea. Use the Tax Action Plan to mark which apply.The third way is to read the book cover to cover. The ideas are short, and each idea will probably apply to you or someone you know at some point in your life. Use the Tax Action Plan to record your notes.Use the final two chapters to review recent and proposed tax developments that might affect you. Read more