Home » Financial expert Bill Harris gives tips on how to owe less in taxes

Financial expert Bill Harris gives tips on how to owe less in taxes

by UNN Feed

April 15 is tax day, and payments are on the minds of many. Using smart tax strategies can help you owe less in taxes each year – all in a completely legal way. Bill Harris, the former CEO of Paypal and Intuit, came onto New Mexico Living to share some tips on maximizing your investment tax savings.

Harris says starting as soon as possible is the key to getting ahead for the next tax season. Taxes owed can range from next to 0% all the way up to 50%, so it is important to understand how to manage your money.

The financial expert recommends taking your money out of bank accounts and placing it in a tax-exempt option, like U.S. treasury bills, municipal bonds, 401Ks, or IRAs. He also recommends thinking of timing when buying and selling stocks in order to defer, offset, or eliminate taxes on the gains from your stocks.

To get more tips from financial expert Bill Harris, visit evergreenmoney.com.

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