A “Side Fund” Increases BenefitsWhen Cutting Social Security Taxes To get my complete articlewith all the details… Here’s good news! If you know how to play the game, you can cut those nasty Social Security taxes. The trick? Create a “side fund.” It lets you invest your savings by lowering your self-employment taxes. In other words, if you save $10,000 … [Read more...]
Tax Planning
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How to Make Your Winter in Florida and Summer in Massachusetts Tax-Deductible
"How to Make Your Winter in Florida andSummer in Massachusetts Tax-Deductible" To get my complete articlewith all the details… Are you dreaming of spending winters in sunny Florida and summers in Massachusetts? It might be possible to make this lifestyle tax-deductible, just like in the case of Mr. Andrews. In our latest article, "Tax Planning to Winter in Florida … [Read more...]
A Guide to Deducting Long-term Care Insurance!
“A Guide to DeductingLong-term Care Insurance!” To get my complete articlewith all the details… I hope you’re in good health when you read my new article, but remember, you never know when you may face a chronic illness or disability. This begs the question, how will you pay the skyrocketing cost of long-term care insurance? Medicare isn’t much of a … [Read more...]
Three Ways to Cut Social Security and Medicare Taxes!
“Three Ways to Cut Social Securityand Medicare Taxes!” To get my complete articlewith all the details… It’s a fact. Rising federal employment taxes, including Social Security and Medicare, are a growing burden for employees, employers, and self-employed individuals. What can you do to minimize the pain? Consider operating your business as an S … [Read more...]
Protect Aircraft-Leasing Tax Deductions from the IRS Hobby Loss Rule
“Protect Aircraft-Leasing Tax Deductionsfrom the IRS Hobby Loss Rule” To get my complete articlewith all the details… Not everyone can reach into their pocket and pull out enough cash to pay for an airplane. That’s why you should consider paying for your plane through a leasing arrangement. When you go the leasing route, you can: Defray the costs of … [Read more...]