“$80 Billion to the IRS: What It Means to YOU” To get my complete articlewith all the details... When lawmakers appropriate money, there are inevitably winners and losers. Thanks to The Inflation Reduction Act, the IRS will receive an additional $80 billion over the next decade, making the IRS a sure winner. This lets the IRS add thousands of new employees and … [Read more...]
Use In-Kind RMDs to Avoid Selling Your Retirement Account Assets
“Use In-Kind RMDsto Avoid Selling YourRetirement Account Assets” To get my complete articlewith all the details... The stock market has been tanking. Bonds have been losers too. But the IRS couldn’t care less that you go into cardiac arrest every time you open your monthly statements. And the law is on the side of the IRS. You see, if you’re 73 or older,you … [Read more...]
Last-Minute Tax Savings on 2022 Business Vehicle Purchases
“Last-Minute Tax Savings on 2022Business Vehicle Purchases” To get my complete articlewith all the details... Want to get more tax deductions and credits in 2022? Who doesn’t? Certainly, readers of my Tax Reduction Letter do. They want to save every penny on taxes that they can. That’s why in this issue I’ll tell you a great way to keep more money in your … [Read more...]
2022 Last-Minute Year-End Tax Deductions for Your Existing Vehicles
“2022 Last-Minute Year-End TaxDeductions for YourExisting Vehicles” To get my complete articlewith all the details... The end is near! 2022 that is, and the last day of the year, December 31, is just around the corner. That’s why you should act promptly before that date if you want to take advantage of some really nice tax deductions! You see, December 31 is … [Read more...]
2022 Powerful Last-Minute Year-End Tax Deductions for Your Business
2022 Powerful Last-MinuteYear-End Deductions for Your Business To get my complete articlewith all the details... All savvy taxpayers have the same goal. To maximize deductions and keep more of their money in their pockets. The sad problem is that all too many taxpayers don’t claim all the deductions they’re entitled to and, instead, leave money in Uncle Sam’s … [Read more...]