Do you own more than one vehicle? And do you use just one vehicle for business? Then I’ve got good news for you… If you play your cards right, you may be able to claim some hefty tax deductions using assets you already own! Whether you operate your business as a proprietorship or as a corporation, don’t miss the money-saving information we’ve got waiting for you. I … [Read more...]
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How to deduct your golf expenses. (It’s easier than you think!)
Do you hook or slice on the golf course? Don’t worry. No matter how well or poorly you play the game, when it comes to deducting your golf expenses, you can always sink a hole in one! That’s right. Uncle Sam will let you write off your golf expenses if you follow a few simple rules. And these same rules also let you deduct expenses for fishing, scuba diving, hunting, … [Read more...]
How to deduct business meals with your spouse
Not so fast! Don’t automatically assume that the IRS won’t let you deduct the cost of a business meal with your spouse. If you know how to handle things the right way, you can enjoy a leisurely dinner with your wife or husband and let Uncle Sam pick up the tab! How can you overcome the IRS’s “no deduction for personal, family, or living expenses rule”? You’ll find out when … [Read more...]
How to buy a business the right way
If you’re thinking about buying a business, now or in the future, remember this important fact: The manner in which you buy the business will have a huge impact on the taxes you pay long after the date of purchase! That’s why reading my new article is so important. You see, it explains the tax and liability implications of buying the assets of a business as opposed to buying … [Read more...]
Three great ways to escape the 3.8% Obamacare tax
Do you own rental property? If you do, I’ve got some good news for you… The IRS just released new safe-harbor rules that make it easy for some owners of rental real estate to avoid the dreaded 3.8% Obamacare tax! How can you legally beat the Obamacare tax that applies to last year, this year, and future years? I’ll explain three nifty escape plans when you read my new … [Read more...]