If you ever plow through the IRS tax laws the way we do, you’ll come across some mighty strange rules. EXAMPLE: Let’s say you participate in a skeet shoot for your favorite charity. What can you deduct for tax purposes? Interestingly, the deductions you get for participating in the charity skeet shoot beat both the regular business entertainment tax deduction and the … [Read more...]
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Time to take those last-minute tax deductions
The clock is ticking and soon it will be 2012. Which is why you should act now and check out the proven end-of-year tax-planning strategies I highlight in my new article. These last-minute tax planning ideas can help you create or push more deductions into this year so your 2011 tax bill will be lower. Lots of extremely useful information is waiting for you in my new … [Read more...]