3 Tax-Planning Tips to Start 2021 Off Right

Maurie Backman, The Motley Fool
·3 min read
3 Tax-Planning Tips to Start 2021 Off Right

Many of us don't think much about taxes until April rolls around and we realize we only have a couple of weeks to submit our returns by the filing deadline. If you typically itemize on your tax return rather than claim the standard deduction, you have many opportunities to write off legitimate expenses, whether it's medical costs, charitable donations, or business purchases. Guessing at tax deductions is a good way to get your return audited.