Literally nobody likes paying more in taxes than they have to. Inadvertently, though,
plenty of people do; it's just about understanding the system. With that in mind, if you've started your taxes and found yourself owing more money than you have or care to pay, there are solutions. And you won't end up like Al Capone. That is, dying of syphilis. Hopefully. But more importantly, going to jail for tax evasion.
Mostly, owing less comes down to what deductions you qualify for and might not claim. Let's start at the top.Under-reporting income is the quickest way to get yourself audited. Granted, the Internal Revenue Service only audits about 3% of all returns... but still, you need to turn something in, and the earlier the better. Just like Uber hitting you with inflated fees on a Saturday night, tax-prep software comes with surge pricing, too. As detailed by Bloomberg, while TurboTax, H&R Block, and TaxAct offer cheap or free filing options for simple returns in January and February, prices rise by 30% or more later in tax season. https://www.thrillist.com/tech/nation/how-to-save-money-on-taxes/tech
