As with many people in the business field, Ted Bauman comes from humble origins. He was born in Washington, D.C., but moved to South Africa early in his life. He obtained degrees in Economics and History at the the University of Cape Town while living there. Ted Bauman later returned to the United States in 2008 to become the Director of International Housing Programs for Habitat for Humanity International. He obtained his current position in 2013, where he continues to be very successful. Click Here for more info.
The website Premier Gazette recently published an article explaining 10 tax tips from Ted Bauman, who is currently the Editorial Director at Banyan Hill Publishing. His first piece of advice is to pay your mortgage interest and property taxes early in order to take advantage of lower rates. Ted Bauman also adds how planned medical services should be covered early as well. He then suggests to make student loan interest deductions early. Taking advantage of covering this list of deductions early ensures the best return for you as a tax payer.
Naturally, Ted Bauman makes a note to count up your donations. It’s always useful for deductions. He then suggests to buy a car and finish any housing deals before the end of 2017. That will qualify you for a tax benefit. For older people, Ted Bauman suggests looking at retirement accounts. It may be more rewarding to switch plans if the option is available. Ted Bauman concludes by saying investing in a limited liability companies may be worth considering with how the new tax plan works.As a whole, a common thread throughout the tips was to file early to lock in lower rates and maximize returns.
Ted Bauman is a man people respect. His life mission has always been to help people with finances. There are so many tax rules, regulations, and even loopholes that he helps people navigate through. Ted Bauman’s international and education background makes him highly qualified to discuss tax issues. However, at the end of the day it is probably best to consult a tax expert. They can make sure you’re taking advantage of everything available. View:https://www.linkedin.com/in/tedbauman