Every year, the government issues a connected with tax scams. Actual is to alert taxpayers to the possible lack of merit of certain strategies as well as letting everyone know the IRS will not accept them. Contributing an insurance deductible $1,000 will lower the taxable income belonging to the $30,000 1 year person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For your $100,000 each and every year person, his taxable income decreases from $90,650 to $89,650 and saves h...