Tax Preparation Tip: 6 Ways the Rich Pay Less Taxes (and so can you)

During this time of year, we ditch the bookkeeping tips to tell you all about tax preparation. One of the biggest items associated with taxes is that the rich pay less because they utilize a bunch of loopholes that the little guy cannot. But as Steven Piascik of PIASCIK accounting says, “”Tax minimization means documenting all your expenses that can be classified into deductible categories.” Which in short, means that everyone regardless of income should document, document, document. We’ll show you the best tax preparation tips below.