Tag Archives: Ian Woodman ID

Finance

Ian Woodman, Idaho Businessman, Explains How You May Be Overpaying Taxes

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Ian Woodman, Idaho co-founder of Instant Tax Solutions, has seen many taxpayers struggle with the IRS. In addition to providing resolution to tax problems from simple to complex, Ian Woodman provides Idaho residents with tax assistance both leading up to and during tax season.

While overdue tax filings and past-due payments are a common challenge for the company’s clients, says Ian Woodman of Idaho based Instant Tax Solutions, the staff at ITS also sees another issue. Taxpayers who do not seek assistance during tax time end up paying more than they should, says Ian Woodman. Idaho residents who seek tax assistance from ITS often learn that there are many ways they can save money each year.

One of the biggest problems, points out Ian Woodman of Idaho based Instant Tax Solutions, is that taxpayers are so afraid of an IRS audit they don’t claim all the deductions they are owed. While it is definitely wise to err on the safe side, Ian Woodman, notes Idaho taxpayers may be actually overpaying the IRS. A qualified tax professional can help them determine what rights they have, adds Woodman.

Claiming items like a home office are legitimate if done according to tax guidelines, Ian Woodman of Idaho based Instant Tax Solutions says. If you work from home, you may be entitled to claim a portion of your home costs, including your mortgage, Woodman reports. The key is to know the tax laws and the tax professionals at Ian Woodman ’s Idaho based Instant Tax Solutions can help you decipher them.

Another way taxpayers overpay, according to Ian Woodman of Idaho, is by having too much withdrawn throughout the year. While this overpayment may be small, the amount you could be saving each year can add up over time, notes Ian Woodman. Idaho ’s Instant Tax Solutions office regularly counsels taxpayers about having less withheld throughout the year and saving or investing that money. This ensures the taxpayer gets the interest instead of the IRS, explains Ian Woodman, Idaho Instant Tax Solutions co-owner.

While not everyone has the discipline to set that money aside, as experts like Ian Woodman in Idaho have seen, it can be done. Simply change your withholding and have an automatic transfer set up with your bank each paycheck in the amount you would have been paying to the IRS.

Instant Tax Solutions was co-founded by Ian Woodman, Idaho businessman, and his business partner Byron Pedersen. Ian Woodman’s Idaho Instant Tax Solutions office helps thousands of clients each year by providing insightful tax advice.

Home and Family, Travel

Ian Woodman Memorable Holidays: Honeymoon Cruise

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Of Ian Woodman’s many memorable vacations, his honeymoon cruise in 2004 stands out. Ian Woodman and his wife Becky were so impressed with one of the destinations, the Bahamas, that they chose to revisit it for their seven-year anniversary.

A cruise is a preferred way to travel for many reasons, Ian Woodman explains. First, he says, is that it gives you a small taste of several destinations in one trip. According to Ian Woodman, most ships stop in several ports during a one-week or two-week trip, with tours available at each stop. And as Ian Woodman found, you may often discover destinations for future vacations during these stops, returning to spend more time in the future.

During Ian Woodman’s honeymoon cruise, he and his wife were treated to a taste of Jamaica, Cozumel, and the Bahamas. While in Jamaica, Mr. and Mrs. Ian Woodman were treated to a view of Dunn’s Falls, a popular destination for tourists. Visitors of Dunn’s Falls can climb up to six hundred feet while enjoying breathtaking views while led by a guide. As Ian Woodman explains, climbing is, of course, optional and some simply choose to stand on the sidelines, taking pictures. At the base of the waterfall is a beach where visitors can relax, while those who make it all the way to the top will find souvenir shops. Ian Woodman calls Dunn’s Falls a must-see destination for anyone visiting Jamaica, adding that it is one of the most amazing things he’s ever done.

In Cozumel, Ian Woodman and his wife were able to swim with the dolphins for the first time. It proved to be such an incredible experience that he swam with dolphins five times within the next seven years. According to Ian Woodman, Dolphin Discovery provides a variety of packages for visitors. Ian Woodman notes the Dolphin Royal Swim, which allows you and your family to swim with the dolphins. This swim includes the famous foot push, where two dolphins pull you along as you stand on them. The Dolphin Swim Adventure allows you to watch the dolphins with a snorkeling mask, Ian Woodman describes, and the Dolphin Encounter is specifically designed for children.

In addition to being able to visit a variety of locations, Ian Woodman and his wife were impressed by all the offerings on the cruise ship itself. There seemed to always be something to do, Ian Woodman explains, with delicious meals and fun activities making every minute of the trip as excitement-filled as possible.