12 Most Common Tax Questions.

Below, you will find answers to the 12 most common questions I get every year.

About 90% of tax payers fall into a similar circumstances. Our answers are written with the intention of providing a solid foundation to help you minimize taxes.

For more details or advance strategies, please contact us.

Updated for 2026

1. What is my tax rate? Did I pay too much ?

Tax brackets, tax rates, income tax & “employment” taxes.

2. What should I select for withholdings ?

If you get a W-2, this post is for you.

3. Should I contribute to retirement? Which option is best?

Retirement options explained.

4. How do I increase my deductions ?

Understanding Standard VS. Itemized Deductions.

5. How do I reduce my taxes and improve for next year ?

Getting started with tax efficiency.

6. How Do I Tax Advantage Of Tax Credits ?

The basics of Tax Credits.

7. How does buying a home help my taxes?

Real Estate Part 1 – Primary Residence.

8. Will I get rich buying rental properties ?

Real Estate Part 2 – Rental Properties.

9. What are the biggest tax mistakes people make ?

Simple mistakes can cost you thousands.

10. Do I need to make estimated payments ?

Avoid Paying Penalties

11. Should I start a business? Will an LLC save me money?

Sole Prop. LLC. S-Corp. Small business basics.

12. How do I take advantage of capital gains tax?

Capital Gains. Capital Losses. Wash Sales.

12 Most Common Tax Questions.

Updated for 2025

1. What is my tax rate? Did I pay too much ?

Tax brackets, tax rates, income tax & “employment” taxes.