“Beware: New 2024 Businessesand Rentals Trigger FinCEN Filings” To get my complete, FREE articlewith all the details… Are you going to form a new business in 2024? Or use an LLC to buy a rental property? Or change your sole proprietorship to a corporation? Then you need to know about the CorporateTransparency Act’s new filing requirements. Why? Because … [Read more...]
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Say goodbye to the U.S. Say hello to painful taxes
“Say goodbye to the U.S.say hello to painful taxes” To get my complete, FREE articlewith all the details… Thinking about leaving the U.S to live in another country? Well, before you pack your bags, check out your tax situation. When you do, you’ll discover that you have two choices, both of which can cost you a tidy sum. First, you can simply leave the … [Read more...]
Unlock the Power of Safe-Harbor Expensing for Your Business!
"Unlock the Power of Safe-HarborExpensing for Your Business!" To get my complete, FREE articlewith all the details… 💡 Did you know that two of the most magical words in the tax realm are “safe harbor”? Safe-harbor expensing can revolutionize your tax strategy, eliminating the headache of tracking small-dollar assets, the complexities of depreciation, … [Read more...]
Key Insights Into Depreciation From Start to finish
“Key Insights into Depreciationfrom Start to finish” To get my complete, FREE articlewith all the details… This is an article I think you’ll appreciate. It deals with what the IRS has to say about depreciation. I’ll provide real-world examples andactionable tips for optimizing taxdeductions and ensuring tax compliance. What’s more, I’ll delve into the … [Read more...]
The danger of the hobby loss rule
“The danger of the hobby loss rule” To get my complete, FREE articlewith all the details… The story in a nut shell It’s a fact. An income-generating, but tax-law-defined hobby, can create huge taxes for you without allowing you to expense deductions against the income—an unfair result to be sure. Be aware! The hobby loss rule can have significant negative … [Read more...]