Thinking about expanding your business? We can’t tell you which products or services to sell, but we sure can explain the tax implications of expansion! Should you take advantage of tax-deductible business expansion laws, or seek the capitalization or start-up expense classifications? You’ll get straight answers when you read my new article titled Tax … [Read more...]
Corporations
Sorted by Date
Best Home-Office Deduction for S or C Corporation
Do you own an S or C corporation? If the answer is “yes,” and you want to claim a tax deduction for an office in your home, my new article is for you! You see, there are three ways to claim the deduction and I’ll explain which one you should choose. Selecting the wrong method can prove costly, so don’t miss my new article titled Tax Tips: The One Best Way to Claim a … [Read more...]
How to get a deduction just for thinking!
Are you considering buying an existing business? I have good news for you… Tax deductions start the moment you begin thinking about the business you want to buy. This may sound too good to be true, but it is true. That’s because the law that governs tax-deductible expenses is (for once!) stacked in your favor. Want to find out more? Don’t miss my new article titled Tax … [Read more...]
How to get more from your Roth IRA
A Roth IRA is a powerful, tax-advantaged retirement plan that can save you a lot of money. So is a Foreign Sales Corporation (FSC). In my new article, I’ll show you how to put a tax-advantaged FSC inside a tax-advantaged Roth IRA. The result? More money in your pocket! If you want to find out how to turbo charge your retirement plan, I urge you to check out my new article … [Read more...]
Don’t use your corporation as a piggy bank
Do you give money to your corporation, or take money from it, without leaving a detailed audit trail? Be careful! If you operate without the formal paperwork, and without the proper logging of entries, you can expect big trouble from the IRS and the courts. What can you do to prevent problems? For starters, I strongly suggest you read my latest article titled Tax Tips: Don’t … [Read more...]