“Beat the Taxman With 11 Tax-freeIncome Breaks” To get my complete articlewith all the details... It’s a miracle. The IRS is on your side! That’s right. If you know how to play the game, there are 11 tax-free income breaks that can put more money in your pocket. In my new article I’ll tell you how to take advantage of them. My list of the 11 types of … [Read more...]
Defeat the $10,000 SALT Cap With the PTE Tax (Part 2)
“Defeat the $10,000 SALT CapWith the PTE Tax (Part 2)” To get my complete articlewith all the details... The IRS put a lid on it. Specifically, a $10,000 lid on State and Local Taxes (SALT) deductions. The SALT can kill lots of deductions costing you real money. But hang on a second. Don’t throw in the towel! You see, 29 states have … [Read more...]
How to Claim the ERC When You Own Multiple Entities
“How to Claim the ERC When You Own Multiple Entities” To get my complete articlewith all the details... Have you claimed the valuable employee retention credit (ERC)? If you haven’t, you can amend your 2020 and 2022 payroll tax returns and claim every pennyyou’re entitled to. In fact, you may be able to claimup to $26,000 per employee! That’s right. I’m talking … [Read more...]
Maximize Profits and Defer Taxes with an Installment Sale
“Maximize Profits and Defer TaxesWith an Installment Sale” To get my complete articlewith all the details... What exactly is an installment sale? An installment sale is a sale of eligible property where you receive at least one payment after the close of the taxable year in which the sales occur. [There is much more to say about this, and I’ll give you allthe … [Read more...]
Spousal IRAs: an information alert
_________________________________ Quick Definition:“Spousal IRA” A spousal IRA is an IRA set up to receivecontributions by a non-working spouse. _________________________________ “Spousal IRAs: an information alert” To get my complete articlewith all the details... Here’s important information you should know if you want to increase your retirement savings … [Read more...]