Do you work in a foreign country? If you do, Uncle Sam has some good news for you. You see, if you know how to play the game correctly, you can reduce or eliminate U.S. income taxes on your foreign-sourced earned income. How can you come out a winner? By using the “foreign tax credit” the right way. We’ll show you how the foreign tax credit can save you big money when … [Read more...]
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Hard facts expatriates have to face
Thinking about leaving the U.S. and becoming a resident of another country? Or renouncing your U.S. citizenship? Or giving up your long-term residency and expatriating? You can take these steps if you want to but be aware that they’ll have serious tax consequences you need to know about. My advice? Before you pack your bags and wave goodbye to Uncle Sam, take a minute and … [Read more...]
How to collect 100% tax-free rental income
It’s a fact… Rental income is just like any other income and you have to pay income tax on it. But there’s a perfectly legal tax loophole that lets you completely exclude certain rental income from taxes! Does this sound good too good to be true? Well, it is true as you’ll discover when you read my new article titled Tax Tips: Learn a Simple Strategy for 100 Percent … [Read more...]
Secrets of Collecting Residential Solar Tax Credits from the IRS
Want to slash your utility bills by thousands of dollars? Then a solar water-heating and/or solar electric system might be perfect for you. And best of all, Uncle Sam can help pay for your system by providing you with a 30 percent tax credit! Want to find out how to turn sunshine into cash? Read my new article titled Tax Tips: Secrets of Collecting Residential Solar Tax … [Read more...]
How to deduct your business motor home
Do you use a motor home for business? Are you thinking of getting a motor home for business use? Then you should know that some recent developments are working in your favor. If you want to learn the best way to deduct business use of your motor home and stay in Uncle Sam’s good graces, take my advice. Before you pack your bags and hit the road, read my new article … [Read more...]