TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Lowering Liability

April 11, 2012

Today TaxMama® hears from Kim in the TaxQuips Forum with a sensible question. “I need to lower the taxes I will owe for 2012. In 2011, I owe $1,500 to IRS. I will probably take the standard deduction. Would it be best to have extra federal taxes taken