The year 2014 is near to end and with tax season right around the corner; it's good to start planning for your taxes in year 2015 for making a Tax saving Plan.
The traditional method of saving taxes still holds true: add up tax deductions for the year that is ending and carry over whatever income you can into the next taxable year.
The year will end in less than one weeks, and with the New Year, New tax laws will also come into effect. A quick look at what you can do before the end of 2014 to reduce your taxes can help you save more.