To get my complete articlewith all the details… If you got married, it’s very possible your wedding vows included the words, “for better, for worse, for richer, for poorer.” Well, my new article was written to make sure you and your spouse come out “richer” when you claim your Section 179 deductions! A quick definition (by way of a review). Section 179 of the tax … [Read more...]
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How one subscriber saved $55,000 fighting an IRS audit
To get my complete, FREE articlewith all the details… One of our husband-and-wife subscribers to the Tax Reduction Letter had a big tax deduction denied by the IRS. But thanks to the advice they got in one of our issues, they were able to successfully win their appeal and keep their $55,000 deduction! Here’s the back-story. The husband and wife owned three … [Read more...]
Married? Filing Separately May Be a Great Money-Saving Strategy for 2020
“Married? Filing Separately May BeA Great Money-Saving Strategy for 2020!” To get our complete, FREE articlewith all the details… If you’re married, I wouldn’t be surprised if you and your spouse file joint federal income-tax returns. I get it. Most of the time, a joint return resulted in a smaller tax-bill than if you filed two separate tax returns. But hang on … [Read more...]
Tax Bonanza: Expanded Individual Tax-Credits in New Law
"Tax Bonanza: ExpandedIndividual Tax-Credits in New Law" To get our complete, FREE articlewith all the details… For tax-year 2021, Congress is giving away money. A LOT of money. In fact, Uncle Sam is backing up the truck and passing out billions and billions of dollars to businesses just like yours! Thank the American Rescue Plan Act of 2021for putting more … [Read more...]
Handling Key Non-Tax Financial Issues When a Loved One Passes Away (Part 3)
Previously, in the Tax Reduction Letter, we published the first two parts of a three-part series… Tax Considerations When a Loved One Passes Away (Part 1)Tax Considerations When a Loved One Passes Away (Part 2) In this, the final article in the series, we’re coverthe most important non-tax financial issues. Read my new article… Handling Key Non-Tax Financial Issues … [Read more...]