“Avoid Tax Pitfalls of Aircraft Ownershipthrough an S Corporation” To get my complete articlewith all the details… Are you thinking of buying an aircraft through your S corporation? Well, before you start climbing up, up and away, be aware of three dangerous storms that may be right in front of you. Check them out and you’ll navigate those pitfalls … [Read more...]
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Navigate Your S Corporation Vehicle Reimbursement with Ease!
"Navigate Your S Corporation VehicleReimbursement with Ease!" To get my complete, FREE articlewith all the details… Does your S corporation reimburse you for the business use of your vehicle? If so, it's crucial to understand the ins and outs of reporting when you sell or trade in that vehicle. We've got you covered with expert insights and clear examples in our … [Read more...]
There’s Extra Tax When You Sell Qualified Improvement Property (QIP)
“There’s Extra Tax When You SellQualified ImprovementProperty (QIP)” To get my complete, FREE articlewith all the details… Do you own, or are you just thinking of owning, an office building. Or perhaps a store, a warehouse, or a factory building? If you are, there’s every chance you’re thinkingof making improvements to the interior of yourbuilding. If you do … [Read more...]
Buy or Lease a Business Vehicle: Which Costs Less?
“Buy or Lease a Business Vehicle:Which Costs Less?” To get my complete, FREE articlewith all the details… Trying to decide between leasing and buying your next business vehicle? Then the first question you’re probably asking yourself is which option costs less. Sadly, comparing the costof leasing and buying isn’t easy. To make a smart decision, you have to … [Read more...]
Last-Minute Tax Savings on 2023 Business Vehicle Purchases
“Last-Minute Tax Savings on 2023Business Vehicle Purchases” To get my complete, FREE articlewith all the details… Want to get more tax deductions and credits in 2023? Who doesn’t? Certainly, readers of my Tax Reduction Letter do. They want to save every penny on taxes that they can. That’s why in this issue I’ll tell you a great way to keep more … [Read more...]