Here’s some good news from Uncle Sam… As you’ll learn in my new article, if you give your child a part-time job, he or she can become eligible for a tax-saving IRA. Over time this account can generate thousands or even millions of dollars for them… money they can use for college, retirement, or a first home. More good news… You can hire even very young children in your … [Read more...]
Title your vehicle the right way and save!
Shakespeare asked… “What’s in a name?” Murray Bradford answer… “A nice tax deduction!” That’s right. As you’ll learn in my new article, you can create big tax deductions for your business just by knowing whether to title your car or truck in your personal name or in the name of your corporation. How much money is involved? Well, you can generate hundreds or thousands of … [Read more...]
How to solve a mortgage-interest deduction problem
If you live in a house and make mortgage payments, but someone else owns the property, can you still get a tax break? The answer is “yes!” You see, if you know how to handle things the right way, you can deduct up to 100% of the mortgage interest you pay… even if someone else’s name is on the deed and mortgage documents. Want to find out more? Easy. Read my new article … [Read more...]
Don’t lose your business mileage deduction!
Do you keep a detailed log of your business mileage? If you don’t, you could be in big trouble if the IRS calls you in for a little chat. Yes. I know. Keeping a careful mileage log is a pain in the neck. But thanks to a handy app and GPS tools, you can keep an accurate record of your mileage information more easily than ever. Want to get the whole story? Don’t miss my … [Read more...]
How to handle a tax debt you can’t afford
Can’t pay Uncle Sam the money you owe him? Don’t panic. Okay. Panic a little. But remember that the IRS has created several relief procedures you can use if you’re in a jam. If your tax debt ever spirals out of control (and we hope it never does), you’ll be glad you read my new article titled Tax Tips: Five Ways You Can Fight the IRS When Your Tax Debt Is Too Big to … [Read more...]