Taxes Information
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Next Taxes Topic : Donating Cars To Charity - New Tax Rules - On June 3, 2005, the IRS released guidance on charitable deductions for donated vehicles. The American Jobs Creation Act (AJCA) radically changed the amount of the deduction taxpayers can claim for their donated car.Fair Market Value v. Actual Sales PriceWhen donating a car to charity, a taxpayer traditionally was allowed to deduct th...[ read more]
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Tax Secrets - How Drew Miles Helped Me
How about a Tax Tip? As we all know Taxes are a necessary evil. While none of us like paying taxes there are many strategists out there that can make your life a lot easier when that dreaded day arrives. Recently I received a "Tax Tip" that saved me a ton of money and allowed me to reinvest some of that money back into my business. I met a man names Drew Miles. Drew is a tax and asset protection expert and to me he is a modern day "hero". This simple strategy he gave me will probably save me 175,000 dollars over the next 2-3 years and who knows how much after that. Without going into to much detail about the tip due to time constraints just know there are over 100 deductions that most business owners don't realize and this can bring down your net income greatly while allowing you to spend pre-tax dollars on those ventures. There are many great people in this field. People like Sandy Botkin and Diane Kennedy are all great as well as a host of many others. YOu can do a Google search for Tax Strategists and find many others. If taxes are going to burden us lets at least use some of these secret tips that the government doesn't tell us about to our advantage. I call these tax tips. Don't fear tax strategists and asset protection strategists they are there to help you and to teach you how to save money in this ever changing world. Charles Light - Author, Speaker Entreprenuer.
Related Products For Download: Read Next : Donating Cars To Charity - New Tax RulesOn June 3, 2005, the IRS released guidance on charitable deductions for donated vehicles. The American Jobs Creation Act (AJCA) radically changed the amount of the deduction taxpayers can claim for their donated car.Fair Market Value v. Actual Sales PriceWhen donating a car to charity, a taxpayer traditionally was allowed to deduct th...
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