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LOOKING FOR 2016 TAX DEDUCTIONS IN THE
NEW YEAR? TRY A SEPIA
By: The Alexander Group at Morgan Stanley
If you saw the year pass by and are now hunting for 2016 tax deductions,
there still may be time.
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What is looking for tax deductions?
Looking for tax deductions involves identifying expenses or credits that can be used to reduce taxable income.
Who is required to file looking for tax deductions?
Individuals and businesses who want to reduce their tax liability are required to look for tax deductions.
How to fill out looking for tax deductions?
To fill out tax deductions, individuals and businesses need to gather all relevant receipts and documents, and carefully review eligible expenses.
What is the purpose of looking for tax deductions?
The purpose of looking for tax deductions is to lower taxable income, resulting in a lower tax liability.
What information must be reported on looking for tax deductions?
Information such as expenses, credits, and deductions that are eligible to reduce taxable income must be reported on looking for tax deductions.
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