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A creative way to slash self-employment taxes

October 1, 2014

Do you operate your business as a sole proprietorship?

If the answer is “yes,” you know that Uncle Sam takes a big share of your profits in the form of self-employment taxes. But there’s good news…

With the help of your spouse, you can reduce your self-employment tax bill by using an innovative but simple rental strategy.

You see, if you rent an office from your spouse, you could knock thousands of dollars off your self-employment tax bill every year, even if you file a joint return!

You’ll get all the details when you read my new article titled Tax Tips: Reduce Self-Employment Taxes by Renting from Your Spouse.

Here’s just some of what you’ll learn in my new fact-filled article:

  • How to use an innovative office-rental strategy to create cash!
  • Why the tax court’s finding in the Cox case can mean money in your pocket!
  • How your spouse can help you deduct 100% of your office rent!
  • How to use this innovative strategy in a community-property state!
  • Why the IRS considers liability protection to be a legitimate reason for creating a self-rental arrangement!
  • Six tips for making the office-rental strategy work!
  • Three rules you need to know now!

… and much more!

1

Filed Under: Featured Articles, Relatives, Rental Properties, Self-employment Tax, Spouse, Tax Planning

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