“Three Ways to Cut Social Securityand Medicare Taxes!” To get my complete articlewith all the details… It’s a fact. Rising federal employment taxes, including Social Security and Medicare, are a growing burden for employees, employers, and self-employed individuals. What can you do to minimize the pain? Consider operating your business as an S … [Read more...]
Protect Aircraft-Leasing Tax Deductions from the IRS Hobby Loss Rule
“Protect Aircraft-Leasing Tax Deductionsfrom the IRS Hobby Loss Rule” To get my complete articlewith all the details… Not everyone can reach into their pocket and pull out enough cash to pay for an airplane. That’s why you should consider paying for your plane through a leasing arrangement. When you go the leasing route, you can: Defray the costs of … [Read more...]
Avoid Tax Pitfalls of Aircraft Ownership through an S Corporation
“Avoid Tax Pitfalls of Aircraft Ownershipthrough an S Corporation” To get my complete articlewith all the details… Are you thinking of buying an aircraft through your S corporation? Well, before you start climbing up, up and away, be aware of three dangerous storms that may be right in front of you. Check them out and you’ll navigate those pitfalls … [Read more...]
What Happens When You Die and Your S Corporation Owns the Rental?
“What Happens When You Dieand Your S Corporation Owns the Rental?” To get my complete articlewith all the details… Benjamin Franklin once wrote “There is nothing certain but death and taxes.” But in this article of the Tax Reduction Letter, I’ll tell you why you should see your tax advisor before you kick the bucket. Here’s the story: There are possible … [Read more...]
Reduce Taxes by Using the Best Cryptocurrency Accounting Method
“Reduce Taxes by Using the BestCryptocurrency Accounting Method” To get my complete articlewith all the details… Did you buy crypto and hang on during the ups and downs? That’s terrific, but now you must find the best way to handle your tax bill. That’s where my new issue of Tax Reduction Letter comes in. I’ll explain how, during this time of surging … [Read more...]