Archive for the ‘USTaxAid Blog’ Category

Businesses About to Get a HUGE Potential Tax Break

There’s new legislation about to be signed in Washington that gives businesses a GREAT tax-savings opportunity. And while Washington and Congress are talking about the unemployment and homeowner tax breaks, it’s the business opportunity that caught our attention! read more...

Sales Tax on Digital Downloads Coming to a State Near You!

The creeping Internet tax grab continues. If you sell on the Internet, then this is a tax you need to watch closely. There are now 18 states that require you to collect and pay sales tax for digital downloads. This isn’t just a tax for iTunes, it’s a tax for ANY digital downloads which includes ...

Turn Business Assets Into Passive Income Generators

In the years to come, it’s going to be even more important to create passive income. Face it – who doesn’t want money that shows up whether you work or not. Plus, all the new taxes are hitting active income much harder. Forget the benefits of not having to trade time for money – you’ll ...

California Tax Board Ramping Up Collection Efforts for Use Tax

Are you a California resident or business owner? Do you live near the Oregon border or shop online? Do you file a use tax report on the items you buy in sales tax-free Oregon or online? Then the California Board of Equalization wants to hear from YOU! (And you don’t really have a choice in ...

Have You Outgrown Your LLC?

Most beginning business owners want the simplest business structure they can get. Chances are if you went to your attorney to ask what to form, you’d be advised to form an LLC (limited liability company). That’s good advice. But, your choice doesn’t end there. You also need to decide how the LLC will be taxed. ...

The Real Cost of D-I-Y Tax Prep

I just finished up my personal income tax return. Tax accountants always do their own tax return first, or last. In between, clients come first. I use expensive ( > $5K) tax software and have to renew it every year at that price. The problem is that tax software is always written on the fly. ...

New Online Workshop: Two Classic Upstream Techniques to Save Taxes Now!

If you’re tired of paying too much in tax from your business or investments, consider upstreaming. Join me for a brand new Online Workshop and learn about two strategies that might work for you. read more...

Year-End Tax Planning Starts Early This Year

Budget cuts, employee layoffs and shortened work weeks and hours at the state level mean much longer times to get new structures set up. That delay could mean you have to wait one more year before you get to take advantage of your tax savings. If you’re tired of paying too much in taxes, drop ...

New Online Workshop: Calculate All of the Cost of Your Investments

Many times new investors or business owners jump into a new idea without thinking about all the costs involved for business structures, accounting & tax. Avoid these tax time surprises! Join me for this brand new online workshop to learn more. read more...

New Online Workshop: Workshop: How a Home-Based Business Can Save You Money

Starting a business to earn extra income is a great way to earn extra income But did you know the tax savings can put even more money in your pocket? read more...