“How To Deduct Travel by Car,Train, Plane, or Boat” To get my complete, FREE articlewith all the details… If you travel for business purposes, my new article is for you. You see, I’ll explain the complex rules that govern tax deductions for business travel by car, train, plane, or boat. EXAMPLE: Say you are going to travel … [Read more...]
Should You Convert Your Personal Vehicle To Business Use?
“Should You Convert Your PersonalVehicle To Business Use?” To get my complete, FREE articlewith all the details… Thinking about converting your personal vehicle to business use? You may be on to a good thing. For starters, let’s check out these factsthat should impact your decision. When it comes to your taxes, most personal assets, other than your home, are … [Read more...]
HSA for Employees? Beat the Dreaded 35% Penalty Tax
“HSA for Employees?Beat the Dreaded 35% Penalty Tax" To get my complete, FREE articlewith all the details… Want to provide your employees with terrific benefits? Consider contributing to your employees’ HSA (Health Savings Account). But be very careful. If youviolate the so-called “comparability rules” when you contribute to the HSAs of your employees, the … [Read more...]
Beware: New 2024 Businesses and Rentals Trigger FinCEN Filings
“Beware: New 2024 Businessesand Rentals Trigger FinCEN Filings” To get my complete, FREE articlewith all the details… Are you going to form a new business in 2024? Or use an LLC to buy a rental property? Or change your sole proprietorship to a corporation? Then you need to know about the CorporateTransparency Act’s new filing requirements. Why? Because … [Read more...]
Say goodbye to the U.S. Say hello to painful taxes
“Say goodbye to the U.S.say hello to painful taxes” To get my complete, FREE articlewith all the details… Thinking about leaving the U.S to live in another country? Well, before you pack your bags, check out your tax situation. When you do, you’ll discover that you have two choices, both of which can cost you a tidy sum. First, you can simply leave the … [Read more...]