Tax Help
Tailored tax advice for your global ventures
Personalized Planning
We design tax strategies that fit your unique international needs and goals. From individual to corporate.
Compliance Support
Stay ahead with guidance on cross-border tax laws and regulations including Exit Tax.
Smart tax tips
Here are some smart, practical, and legally safe tax tips that work for many people. If you want advice tailored to your country, income level, or business type, just talk with us.
1. Track every deductible expense
Most people lose money simply by forgetting small deductions.
Use an app or a simple spreadsheet to log:
Work-related purchases
Home office costs
Travel/mileage
Professional subscriptions
Education or training
These add up fast.
2. Use the home office deduction (if eligible)
If you work from home, you may be able to deduct a portion of:
Rent / mortgage interest
Utilities
Internet
Insurance
Even a small % makes a big difference over a year.
3. Max out tax-advantaged accounts
Depending on your country, this might include:
Retirement accounts (401(k), IRA, SEP-IRA, Super, RRSP, etc.)
Health Savings Accounts (HSA)
Education savings accounts
These reduce taxable income while helping you save for the future.
4. Harvest tax losses
If you invest, you can:
Sell losing investments to offset capital gains
Carry forward unused losses to future years
This keeps your investment gains from becoming tax burdens.
5. Choose the right filing status
Sometimes people use a default filing status without checking alternatives.
For example:
Married filing separately vs. jointly
Head of household
Different statuses can change your deductions and credits dramatically.
6. Shift income strategically (when allowed)
For freelancers, business owners, or investors:
Move certain income or expenses into the more favorable tax year
Defer income or accelerate deductions
This can improve your tax position without changing overall results.
7. Keep receipts for everything tax-related
Even digital snapshots count in many countries.
This protects you in case of an audit and ensures you never miss a deduction.
8. Know your tax credits (they’re better than deductions)
Credits reduce taxes dollar for dollar.
Examples include:
Education credits
Child tax credits
Energy-efficiency/home upgrade credits
Earned income credits
Don’t overlook these.
9. If you run a business, separate finances
Use a separate bank account + card.
This makes deductions cleaner, reduces audit risk, and helps with bookkeeping.
10. Plan major purchases with taxes in mind
Sometimes buying equipment, a vehicle, or making home upgrades before year-end means you can claim benefits sooner.
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