Hate Paying Taxes? Do This Right Now to Reduce Them in Retirement
Most people would probably rank filing taxes somewhere between a root canal and watching paint dry on their list of least-favorite activities. But avoiding massive fines and jail time is enough motivation to get people to do it anyway.
You might think you'll get a break from this in retirement when you're no longer earning a paycheck, but you'd be wrong. Most retirees still pay taxes each year, but there is something you can do to reduce how much you'll owe Uncle Sam after you leave the workforce.
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Source Fool.com
