2013 Tax Tips

Basically, my dad use to say have a baby or buy a house....lol! A baby gets you the thousand dollar child tax credit, earned income credit if they make less then 40k and have a good social security number as opposed to an itin and a house gets you deductions higher then your standard deduction from the mortgage and property taxes, along with other itemized deductions, such as charities and work related expenses. But how else can I get more mula in my tax refund?
For one, you can take some classes in a higher education institution and report it in your taxes for the hope credit. You can start a small business and write off your losses to lower your tax as a loss as long as you made $1 dollar profit. Or you can have your payroll deductions hold more money for you by opening a 401-k and saving money and get more refund! This is the smartest way of saving, as long as your employer offers it. Or just claim single 0 dependents on w4 form for highest tax rate. You will be guaranteed a refund. There's a fine line between cheating on your taxes and doing things right, don't cheat!