The clock is ticking and soon it will be 2012. Which is why you should act now and check out the proven end-of-year tax-planning strategies I highlight in my new article. These last-minute tax planning ideas can help you create or push more deductions into this year so your 2011 tax bill will be lower. Lots of extremely useful information is waiting for you in my new … [Read more...]
Last minute savings on business cars, suvs, etc.
Who says there’s no Santa Claus? Santa (also known as the IRS) has got some great end-of-year gifts waiting for you if you know where to look. You see, thanks to the IRS you can take advantage of some terrific last-minute tax deductions for bonus depreciation and Section 179 expensing on business cars, trucks, vans, and motor homes. And these include those you already own … [Read more...]
Reward employees with deductible fringe benefits
Do you own a small business? Than you can take advantage of tax deductions for de minimis (i.e. small) fringe benefits. The beauty of the de minimis classification is that your business gets the tax deduction and your employee gets the benefits tax free. A “win/win” situation thanks to the IRS! You’ll get the full story in my new article titled Tax Tips: Employer Uses De … [Read more...]
How to choose the right business entity?
Is your business entity providing you with the greatest possible tax-deductions? Does it provide you with adequate protection from liability? If answers to these questions are important to you, (and they should be!) don’t miss my new article. It will explain how the four basic business entities produce tax deductions and provide liability protection. You’ll also learn … [Read more...]
Use passive-loss rules to maximize rental profits
Do you own rental property? Then my new article makes “must” reading. Why? Because it will show you how to put the passive-loss tax rules to work. And these rules are powerful! They can help increase your tax deductions and boost after-tax profits on your house rentals. Don’t miss all the money-making information I’ve got waiting for you in my new article titled Tax … [Read more...]