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2022 Last-Minute Section 199A Tax Reduction Strategies

November 23, 2022

“2022 Last-Minute Section 199A
Tax Reduction Strategies”

To get my complete article
with all the details…

The clock is ticking.

And if it keeps ticking after December 31 of this year, and you missed paying attention to your Section 199A tax planning, you could be losing a lot of money.

Specifically, you could end up with a zero-deduction amount.

That’s right, forget your Section 199A deduction and you’ll wind up getting absolutely nothing. Nada.

Here’s how I can help you save a bundle.

In my new article, I’ll explain three tax strategies you can implement before December 31, 2022. Strategies that can slash your income taxes and increase your Section 199A deduction! For example:

  Strategy #1: Harvest capital losses that will reduce your taxable income but create or increase your Section 199A deduction (you win twice here)

  Strategy #2: Make charitable contributions that reduce your taxable income but create or increase your 199A deduction

  Strategy #3:  Buy business assets, decrease taxable Income, and create or increase the Section 199A deduction

And much more!

IMPORTANT. Figuring out your Section 199A deduction can get confusing. So be sure to use our free 2022 Section 199A calculator to run the numbers. Our calculator was specifically designed to help you identify your correct Section 199A deduction. Want to find out more about how to get every Section 199A deduction you’re entitled to?

Want to find out more about how to get every Section 199A deduction you’re entitled to?

CLICK HERE and read my completely new article titled:

“2022 Last-Minute Section 199A
Tax Reduction Strategies”

Filed Under: Capital Gains, Depreciation, Filing tips, Payroll, Tax Planning

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