BizSugar.com › Online Marketing › How to Reduce Your Taxable Income Quickly and Legally - for Entrepreneurs

It’s another Expert Briefs, where I ask really smart business owners to answer your burning questions. This week I asked our panel of experts the same thing I asked last year and the year before (since 2008) …

“If you made more money this year than last year, your quarterly taxes probably won’t be enough to cover what you owe (since you’ll owe more), assuming everything else in your life remains the same.

At the end of the Year, because I’ve been fortunate enough that my income has grown every year, I Normally End up Making Several Large Purchases in Order to Decrease my Taxable Income for Next Year.
Do you have ways you reduce your taxable income? If so, what kinds of things do you purchase?”