Following even a few of the tax-saving strategies found in Tax Power for Individuals can have a dramatic reduction in your tax obligation and substantially increase the size of your refund.Accessible by anyone, it provides the reader with the latest IRS rules and answers everyday tax-related questions. It explores the IRS's definition of income and how to lower yours through expense deductions, tax credits and depreciation. Its extensive glossary of financial and tax terms makes it an easy-to-understand and essential reference for every home's bookshelf.