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Tax Planning for Firefighters with Mike Canny, Vice President of Tax Services with Firefighters First Tax Services
In this episode, Mike Canny, a retired firefighter and vice president of tax services at Firefighters First Tax Services, shares his experience in the fire service and his transition to a career in taxes. He discusses common financial mistakes made by firefighters and provides insights into deductible expenses for firefighters. Mike also explains the risks and penalties associated with incorrect deductions and offers tips for long-term financial planning. The conversation covers tax planning for charitable gifts and the impact of 2017 tax law changes on itemized deductions. Mike emphasizes…
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