Best Money Tips: How to Reduce Your Chances for a Tax Audit


Welcome to Wise Bread's Best Money Tips Roundup! Today we found articles on ways to reduce your chances for a tax audit, tax policies to watch in 2017, and helpful resources that will help you save time and money.

Top 5 Articles

6 Things to do to Reduce Chances of a Tax Audit — Make sure you understand the deductions that you can and can't claim. If necessary, hire a tax professional to help you through the process. [Due]

Ten tax policy issues to watch in 2017 — With a new presidential administration coming in, making tax policy predictions for 2017 can be a little tricky, but here a few key issues that you'll want to keep an eye on. [The Monitor]

Helpful Resources to Save Time and Money — If it seems like you're always short on time and money, these simple, easy-to-use tools, apps and websites can help you get more of both. [Living Well Spending Less]

9 Tips For Saving More at the Grocery Store — Many grocery stores offer health and beauty products. It may be convenient to pick them up on your grocery run, but it'll cost ya! [PopSugar Smart Living]

8 Fatherhood Resolutions for 2017 — These resolutions will make you a better parent — and they're totally achievable! [Parenting Squad]

Other Essential Reading

Gaming the System: How Anybody Can Save Money Shopping Online — Use a shopping search engine like Google's to look up a specific product and find the lowest price out there. [Stretching the One Income Dollar]

4 Finance Secrets Every Entrepreneur Should Know — Having insurance for your business can seem expensive when you're just starting out, but it can save you a lot of money and headache in the future. [The Frugal Toad]

Best Places to Invest for Retirement — Low-cost, no-load mutual funds are good options for long-term investment. [Five Cent Nickel]

How Much Emergency Cash Should You Keep on Hand — A good rule of thumb is $400 plus $50 for each member of your household, but the actual amount you'll need for your situation will depend on a few factors. [Trees Full of Money]

This One-Minute Life Hack Will Make You Do Everything Better Than Before — This hack can improve your memory, boost your self-esteem, and help you to be more productive and happier. All you need is a pen and a minute. [Lifehack]

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