Thinking about putting some solar panels on your roof? It makes a lot of sense. Harnessing the power of the sun to create electricity is good for the environment, good for your electricity bill, and good for your wallet. You see, you are eligible for a generous 30-percent residential tax credit when you install solar equipment on your residence. Want to learn more … [Read more...]
Tax Policy
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Proprietors and Partners Mistakenly Pay Themselves Illegal W-2 Wages
Sole proprietors and partners often suffer from W-2 envy. And I know why. If they’re earning more than the Section 199A pay limits, they look to W-2 wages as a way to salvage the juicy 20-percent deduction allowed by Section 199A. In fact, some sole proprietors and partners often have their Certified Professional Organizations (CPEO) pay them on a W-2. This is wrong. … [Read more...]
Free checklist: 10 proven tax-reduction strategies for sole proprietors
All Sole Proprietors! Act now and get your FREE “Sole Proprietor Checklist” Get 10 proven strategiesfor slashing your Schedule C taxes! (No risk. No obligation. No charge.) Dear Sole Proprietor: Careful! You may be overpaying thousands of dollars in taxes! That’s right. Unless you know how to take advantage of the U.S. tax code, you may be paying the IRS a lot … [Read more...]
Received a fraudulent 1099? Get even!
This is a true story, straight from the IRS. (And if you ever receive a fraudulent 1099, this new article will help you.) The facts of the story… An auto dealer sold a car to a customer. The next day the buyer got a call from the dealer asking him to return to the dealership and change the agreed “no-interest” loan to an interest-bearing loan. The customer obviously said … [Read more...]
Free report: “Rental Property & The 199A Deduction”
Download your FREE REPORT right now… “Rental Property & The 199A Deduction” Don’t miss gettingyour Section 199A 20% tax deduction! This special 21-page report normally sells for $79.Now it’s yours FREE with no obligation! Dear Rental Property Owner: Whether you own just one rental property or many, don’t miss this information-packed free report from … [Read more...]