Paying taxes is a legal formality, and you cannot hide your income from taxmen. But you can certainly lower your tax bill if you plan and execute it properly.

Paying your taxes can be a pain and it’s something that many people want to avoid. The sad truth is, paying taxes is a must and should not be taken for granted.

Tax refunds being an important part of the taxation concept amount to be a payment that has been overpaid by the taxpayer and needs to be returned back to him.

With little time left to file your annual tax returns, it is prudent to learn about the simple ways to lower your total tax amount. Why pay more to Uncle Sam when you can save on your hard earned money?