“A Tax Road Map for the Foreigner WhoWants to Start a U.S. Business” To get my complete, FREE articlewith all the details… If you’re thinking of starting a business in the United States, prepare yourself. You’re about to enter a jungle of rules, laws, and regulations that you’ll have to navigate your way through. Our road map, which certainly can’t fit on these … [Read more...]
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Deducting Start-Up Expenses for a Rental Property
“Deducting Start-Up Expensesfor a Rental Property” To get my complete, FREE articlewith all the details… Thinking of buying a rental property to start a new rental business? Well, before you collect any rent, you’ll probably have to shell out a lot of money up front. But the good news is, some expenses that you’d otherwise think of as non-deductible are start-up … [Read more...]
The ERC: From Double Benefits to IRS Warnings
“The ERC: FromDouble Benefits to IRS Warnings” To get my complete, FREE articlewith all the details… The ERC made its debut in the 2020 CARES Act. That’s when the law was passed, and the IRS offered wonderful benefits. At that time, you could claim the ERC of up to $5,000 per eligible employee. Or you could take out a forgivable loan under the … [Read more...]
Don’t Let Your Recreational Gambling Create a Tax Nightmare
“Don’t Let Your Recreational GamblingCreate a Tax Nightmare” To get my complete, FREE articlewith all the details… For starters, check out the federal income tax rulesthat possibly affect you. These are the tax rules that govern your gambling. Be sure you understand them! Your winnings are “above-the-line” taxable. Your losses are … [Read more...]
2023 Powerful Last-Minute Year-End Tax Deductions for Your Business
"2023 Powerful Last-Minute Year-EndDeductions for Your Business" To get my complete, FREE articlewith all the details… All savvy taxpayers have the same goal. To maximize deductions and keep more of their money in their pockets. The sad problem is that all too many taxpayers don’t claim all the deductions they’re entitled to and, instead, leave money in Uncle … [Read more...]